A New Place For Better Place, As Bankrupt $800M+ Backed Electric Car Startup Sold For $12M

Looks like we have a final chapter for Better Place, the electric car tech startup that raised $786 million plus $50 million in debt, only to then file for bankruptcy in May: it has now been acquired by a group called Sunrise, headed by green-technology entrepreneur Yosef Abramowitz and the Association for the Promotion of the Electric Car in Israel.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/eJzBFC7bTSA/

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