CODA Automotive Raises $58 Million
Amit Chowdhry | May 19, 2010 | 450 views | Add a CommentCategorized under Aeris Capital, Angeleno Group, CODA Automotive, Countyline LLC, EDB Investmentes, John Bryson, Lex Werner, Mac Heller, Miles Rubin, Thomas F. Steyer

Santa Monica, California based CODA Automotive has raised $58 million in Series C. The funding was provided by Aeris Capital, EDB Investmentes (EDBI); Countyline LLC, Lex Wexner, Thomas F. Steyer, Mac Heller, Miles Rubin, John Bryson and Angeleno Group. CODA has now raised a total of $125 million. The new round of funding will go towards the market entry of their sedan vehicle. CODA plans to open a design and engineering office in Singapore as well. [SoCalTech]