Croatian EV supercar maker Rimac raises 500 million euros


Rimac Group, the Croatian company best known for its 1,900 horsepower Nevera electric sports car, said it has raised 500 million euros (about $537 million) from investors including Goldman Sachs, Porsche and a technology fund advised by Japan’s SoftBank.

The new funding round values Rimac at over 2 billion euros.

Rimac made headlines last year when it agreed to take a controlling interest in Bugatti, the ultra-exclusive French automaker that had long been part of the Volkswagen Group. As part of that deal, Bugatti and Rimac’s sports-car business were combined in a joint venture between Rimac and VW subsidiary Porsche, with Rimac holding a 55% stake.  

The new investment is expected to…


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