Rimac Group raises one other €500 million from Porsche

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Porsche has revealed that they’ve made an additional funding in Rimac Group together with another traders, the entire for this spherical is round €500 million.
It is a new Sequence D funding for the corporate, which beforehand merged with Bugatti, you may see extra particulars concerning the newest funding under.
The entire quantity of the spherical is 500 million euros, with Porsche investing an eight-figure sum. “We’re delighted that Rimac has gained outstanding new traders, and we’re optimistic concerning the continued growth of this thrilling firm,” says Lutz Meschke, Deputy Chairman of the Govt Board of Porsche AG and Member of the Govt Board for Finance and IT. “We have been already satisfied of the corporate’s potential in 2018 and are happy that our dedication allowed us to contribute to its progress and present success.” Porsche made its first funding in Rimac in 2018 and has successively elevated its curiosity. “With new traders on board, Rimac is continuous to increase its place in electromobility, making it a fair stronger accomplice for Porsche,” says Lutz Meschke.
You’ll find out extra particulars concerning the newest funding in Rimac by Porsche and different traders over on the Porsche web site on the hyperlink under.
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