Efficient Drivetrains raises initial $7.5M in Series C; forecasting $15M

Green Car Congress
By mmillikinSep 21, 2016, 4:00 am90 pts
Efficient Drivetrains has closed initial funds in its Series C financing round, highlighted by an initial infusion of $7.85 million in new capital, led by new investor H&Q Asia Pacific, in conjunction with Jiaxing Daxin Investment Partnership. The Series C round, forecasted at $15 million is expected to close…

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