Protean Electric is a leading clean technology company that designs, develops and manufactures the Protean Drive™, a fully integrated, in-wheel motor, direct-drive solution. Protean Electric is strategically positioned to play a major role in the hybrid and electric vehicle market by offering a combination of packaging advantages, new vehicle design opportunities, performance benefits and cost savings. Protean is funded by Oak Investment Partners, a multistage venture capital firm and a lead investor in the next generation of enduring growth companies.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 07/10/12 | $84,000,000 |
City of Liyang, China GSR Ventures New Times Group Oak Investment Partners | undisclosed |
