Think Global Raises $46 Million, Emerges from Court Protection

Think Global AS, a Norwegian electric car maker, has emerged from bankruptcy after restructuring its debt and raising $47 million in new equity capital. New investors include Ener1 Inc. (USA), Valmet Automotive (Finland) and Investinor (Norway), while returnees included Rockport Capital Partners and Kleiner Perkins (which previously held a stake in a US subsidiary which has now been folded into the Norweigen parent). It's unclear if past backers like Element Partners, British Hazel Capital and CG Capital participated. Think Global had previously raised around $85 million.

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