Funding round
Rimac Group Series D
Rimac Group, which works in hypercar design and manufacturing in Sveta Nedelja, raised $540M in a Series D round announced on 1 Jun 2022, led by SoftBank Vision Fund and Goldman Sachs Asset Management, at a $2.14B post-money valuation. 4 firms took part.
$540M
Amount raised
500,000,000 EUR converted
$2.14B
Post-money valuation
$1.60B pre-money
4
Investors
2 leads
25%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Rimac Group at $2.14B after the new money. The $540M bought investors about 25% of the company. It is Rimac Group's first venture round on record, 13 years after it was founded in 2009. No later venture round is on record for Rimac Group.
Rimac Group's funding rounds
This is the only venture round on record for Rimac Group.
- Series D this round 1 Jun 2022, led by SoftBank Vision Fund and Goldman Sachs Asset Management $540M$2.14B post-money
Investors
Who put money in
SoftBank Vision Fund and Goldman Sachs Asset Management led the round with 2 other firms.
Lead investors
- SoftBank Vision Fund backs 234 venture-backed companies new investor
- Goldman Sachs Asset Management new investor
Also in the round
- backs 30 venture-backed companies new investor
- InvestIndustrial new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series D rounds in Automobile Dealers & Manufacturers:
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Rimac Group raise in its Series D round?
Rimac Group raised $540M in its Series D round, announced in Jun 2022.
Who led Rimac Group's Series D round?
SoftBank Vision Fund and Goldman Sachs Asset Management led it, with Porsche Ventures and InvestIndustrial.
What was Rimac Group's valuation at the Series D round?
$2.14B post-money ($1.60B pre-money).