SAN JOSE, Calif., April 21, 2016 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that Portfolio Company Wrightspeed has announced a $30 million order from NZ Bus, New Zealand’s largest urban bus operator. Wrightspeed will provide its award-winning powertrain technology – the RouteTM 500 – to NZ Bus, marking the company’s expansion into mass transit. The company has previously announced contracts with FedEx and The Ratto Group for delivery trucks and garbage/recycling trucks, respectively. Wrightspeed, a 2013 investment, is one of […]
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