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Rimac Group, the Croatian organization most popular for its 1,900 strength Nevera electric games vehicle, said it has raised 500 million euros (about $537 million) from financial backers including Goldman Sachs, Porsche and an innovation reserve exhorted by Japan’s SoftBank.
The new financing round values Rimac at north of 2 billion euros.
Rimac stood out as truly newsworthy last year when it consented to take a controlling interest in Bugatti, the super selective French automaker that had for some time been essential for the Volkswagen Group. As a feature of that arrangement, Bugatti and Rimac’s games vehicle business were consolidated in a joint endeavor among Rimac and VW auxiliary Porsche, with Rimac holding a 55% stake.
The new speculation is supposed to speed up Rimac’s turn away from its foundations as a limited scale producer of very good quality electric games vehicles. It will keep on assembling the $2.4 million Nevera by means of the joint endeavor with Porsche, as well as a progression of new models for Bugatti. Be that as it may, presently it intends to concentrate quite a bit of its work, and a large portion of its new capital, on its Rimac Technology auxiliary, which creates and makes parts for elite execution electric and crossover vehicles made by different automakers.
Rimac Technology has previously drawn in a few major name automaker clients — including Ferrari, Hyundai, Jaguar, Mercedes-Benz, Porsche and Renault — and past speculations from both Hyundai and Porsche.
Rimac said it will utilize this new capital implantation to recruit 700 new workers, to open a progression of new workplaces in Europe, and to work out another central command presently under development close to Zagreb, Croatia’s capital.
That new central command office — which will incorporate assembling and stockroom space as well as workplaces and research facilities — will be the biggest structure in Croatia when it is finished one year from now, CEO Mate Rimac told journalists in a preparation Tuesday.
