Rimac Group raises another €500 million from Porsche and others

Please wait 0 seconds...
Scroll Down and click on Go to Link
Congrats! Link is Generated

Rimac Group

Porsche has revealed that they have made a further investment in Rimac Group along with some other investors, the total for this round is around €500 million.

This is a new Series D funding for the company, which previously merged with Bugatti, you can see more details about the latest investment below.

The total volume of the round is 500 million euros, with Porsche investing an eight-figure sum. “We’re delighted that Rimac has gained prominent new investors, and we are optimistic about the continued development of this exciting company,” says Lutz Meschke, Deputy Chairman of the Executive Board of Porsche AG and Member of the Executive Board for Finance and IT. “We were already convinced of the company’s potential in 2018 and are pleased that our commitment allowed us to contribute to its progress and current success.” Porsche made its first investment in Rimac in 2018 and has successively increased its interest. “With new investors on board, Rimac is continuing to expand its position in electromobility, making it an even stronger partner for Porsche,” says Lutz Meschke.

You can find out more details about the latest investment in Rimac by Porsche and other investors over at the Porsche website at the link below.

Source Porsche

Filed Under: Gadgets News

Post a Comment

Read also:
Flash Sale! Do Shopify customization or bug fixing. Get It Now
Cookie Consent
We serve cookies on this site to analyze traffic, remember your preferences, and optimize your experience.
Oops!
It seems there is something wrong with your internet connection. Please connect to the internet and start browsing again.
AdBlock Detected!
We have detected that you are using AdBlock Extension in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your AdBlock Settings.
Site is Blocked
Sorry! This site is not available in your country.