There's been a string of bad news for vehicle startups in recent months including Fisker, Think and Next Autoworks. Other than the difficult market for electric cars and the recession, what's something that ties these companies together: funding from Valley firm Kleiner Perkins.
Fisker Automotive, a maker of electric sports cars, said it received an additional $65 million in funding, led by the Qatar Investment Authority. Some of the company’s previous backers, Palo Alto Investors and Kleiner Perkins Caufie... Read Post
Kleiner Perkins partner Trae Vassallo said the legendary VC firm is investing in another electric car company, one that is at "the other end of the spectrum" from high end electrics like Fisker and Tesla. Of course, because this is ... Read Post