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Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs

Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components supplier — and eventually a publicly traded company.
Softbank Vision Fund 2 and Goldman Sachs led the Series D investment round in a deal that valued the manufacturer at 2 billion euro ($2.2 billion). The round includes an “eight-figure sum” from Porsche, which now owns 20% of the company. Founder and CEO Mate Rimac will remain the largest shareholder of Rimac Group, the majority shareholder of the recen

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