Tech Company Financing Transactions
Protean Electric Funding Round
Protean Electric, based in Surrey, scored $72.6 million in funding from GSR Ventures, Oak Investment Partners and private investors.
Transaction Overview
Company Name
Announced On
9/30/2012
Transaction Type
Venture Equity
Amount
$72,639,600
Round
Undisclosed
Investors
Oak Investment Partners (Allan Kwan)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Silvertree Unit 10B Coxbridge Business Park Alton Rd. Farnha
Surrey, GU10 5EH
UK
Surrey, GU10 5EH
UK
Phone
Website
Email Address
Not Recorded
Overview
Protean Electric is an award-winning technology company that has developed an in-wheel electric drive system for hybrid, plug-in hybrid and battery electric light-duty vehicles. The Protean Drive system can improve vehicle fuel economy, add torque, increase power and enable improved vehicle handling to both new and existing vehicles.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Whitehead
Chief Financial Officer
Nick Rich
Chief Technical Officer
Chris Hilton
General Manager
Daniel Fang
Vice President
Tony Liu
VP - Bus. Development
Benjamin Boycott
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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