
Japan's Terra Motors raises $28m

Japanese electric vehicle (EV) start-up Terra Motors has raised JPY 40bn (USD 28m) in Series C funding featuring Silicon Valley-based Pegasus Tech Ventures.
Sumitomo Mitsui Auto Service, heavy industry lender Tokyo Century, and utilities supplier Osaka Gas also participated. It follows a JPY 1bn round in 2018 from Chibagin Capital, Fenox Venture Capital, Minato...
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