EV bus maker raises $110 million, to establish NSW factory
Investment group TrueGreen has secured $110m from Tor Investment Management to back EV bus maker Nexport's planned Moss Vale factory in NSW, with a possible early-2022 IPO flagged.
Venture capital fund
Sydney, NSW
Every published round TrueGreen took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies TrueGreen has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for TrueGreen, as distinct from the investments it has made.
Companies TrueGreen has backed that another company then bought. An exit for the holding, not a deal TrueGreen did.
| Name | Role | Sources |
|---|---|---|
| Luke Todd | Executive Director | @AuManufacturing |
Stories naming TrueGreen. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Investment group TrueGreen has secured $110m from Tor Investment Management to back EV bus maker Nexport's planned Moss Vale factory in NSW, with a possible early-2022 IPO flagged.