Altss Research / Venture case 14
Better Place
Better Place’s group companies entered liquidation proceedings in 2013 after its battery-switching network failed to become a commercially viable business.
Altss Research · Evidence reviewed · Historical event record
Historical private valuation
$2.25bnContemporaneous Globes reporting put the $200 million private round at $2.25 billion after money.
Wind-down
No sale priceGroup liquidation proceedings began. The U.S. bankruptcy court’s factual background records applications and appointment of temporary liquidators for four group entities on May 26, 2013, followed by parent-company liquidation proceedings.
These figures have different valuation bases and dates. Their difference is not a measure of investor losses. Methodology ↗
The documented timeline
Third financing round
The private financing supported planned electric vehicle networks in Israel and Denmark.
First group liquidations initiated
Four Israeli subsidiaries applied for appointment of temporary liquidators; the Israeli court granted the applications.
U.S. Chapter 15 recognition sought
Foreign representatives commenced the U.S. case to seek recognition of the Israeli liquidation proceeding for the parent.
Source documents
Publication and access dates identify the evidence used for this case.
Globes · Financial reporting · Published Nov 13, 2011 · Accessed Oct 26, 2026
U.S. Bankruptcy Court for the District of Delaware · Primary source · Publication date not stated · Accessed Oct 26, 2026
Logo: Better Place logo source. Company trademark rights remain.
