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VentureSouth portfolio company Proterra will become a publicly traded company through the acquisition of ArcLight Clean Transition Corp.,  the investment company announced today.
The special purpose acquisition values the electric vehicle manufacturing company at $1.6 billion and boosts its resources for additional growth, according to a news release. After the merger closes, which is expected in 2021’s second quarter, Proterra’s stock will be traded on the Nasdaq under the ticker symbol PTRA.
Proterra is based in Silicon Valley, but Greenville serves as its East Coast operations and manufacturing base.
VentureSouth first invested in the company when Proterra moved to Greenville from Colorado in 2011 as local investors partnered with the Upstate Carolina Angel Network, the predecessor to Venture South, and SCRA. ....

United States , Greenville Greenlink , Matt Dunbar , Arclight Clean Transition Corp , Carolina Angel Network , Silicon Valley , East Coast , Upstate Carolina Angel Network , Venture South , ஒன்றுபட்டது மாநிலங்களில் , மேட் டன்பார் , ஆர்க்லைட் சுத்தமான மாற்றம் கார்ப் , கரோலினா தேவதை வலைப்பின்னல் , சிலிக்கான் பள்ளத்தாக்கு , கிழக்கு கடற்கரை , அப்ஸ்டேட் கரோலினா தேவதை வலைப்பின்னல் , துணிகர தெற்கு ,