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SOFTBANK AND GOLDMAN SACHS INVEST IN RIMAC

SoftBank and Goldman Sachs have invested in Rimac Group in a EUR 500 million funding round that gives the Croatian Unicorn and electric supercar maker and technology group a valuation of more than EUR 2 billion. The raised capital will be used primarily for the further development of Rimac Technology in the field of large series production for global automakers.

 

This is the largest investment in the Rimac Group so far, but also in a Croatian startup or scaleup – investors such as Porsche, Hyundai and Kia or the Chinese battery manufacturer Camel Group which so far have invested about USD 320 million.

 

Founder and CEO Mate Rimac will remain the largest shareholder of Rimac Group, the majority shareholder of the recently developed Bugatti Rimac and the sole shareholder of Rimac Technology.

 

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