Rimac Group Raises $537 Million to Build EVs, Porsches, Bugattis
SoftBank Vision Fund 2 and Goldman Sachs Asset Management led the funding round for the Croatian supercar maker, which will use it to build some of the most coveted electric cars in the world.
Mate Rimac founded his technology company in 2009. Since then, it’s acquired a 55% stake in Bugatti Rimac, while Porsche owns the remaining 45%. Rimac himself took the helm of Bugatti Rimac last year, while Porsche’s Oliver Blume and Lutz Meschke joined a supervisory board for the in-demand company.
Source: Rimac
Rimac Group has raised another €500 million ($536.6 million) to help it build future Porsches, Bugattis, and Koenigseggs.
SoftBank Vision Fund 2 and Goldman Sachs Asset Management led the latest round of funding, which also included Rimac shareholders Investindustrial and Porsche. Mate Rimac, who founded his eponymous company in a garage in 2009, remains the largest shareholder.