RockPort Ups Investment in Think

Think, the Oslo, Norway-based startup developing long-range electric vehicles, announced yesterday that it has exited bankruptcy protection and raised $47 in new funding, with cleantech venture firm RockPort Capital Partners of Boston as one of the return investors. New investors in the round included New York-based lithium ion battery developer Ener1 (NASDAQ: HEV), Finland’s Valmet Automotive, and Investinor, an investment fund backed by the Norwegian government. The new funding brings Think’s total financing to more than $130 million.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

Trending on Xconomy