Rimac Automobili d.o.o.

Rimac Automobili d. o. o. is a Croatian manufacturer that specializes in developing high-performance electric vehicles, combining advanced engineering with innovative design to deliver exceptional driving experiences.

Founded in 2009 in Croatia, Rimac Automobili designs and produces electric hypercars. The company, led by founder Mate Rimac, has received significant investment, including EUR 500 mn in Series D funding in May 2022 from Goldman Sachs Merchant Banking Division, Porsche Ventures, and SB Investment Advisers. Rimac has successfully secured a total of EUR 500 mn in funding and currently holds a valuation of EUR 2,000 mn. Rimac Automobili specializes in high-performance electric vehicles (EVs), with their flagship models being the Rimac Nevera and Nevera R.

These hypercars deliver unparalleled speed and power, showcasing advanced engineering and bespoke component design crafted in Croatia. The Nevera is aimed at automotive enthusiasts and collectors seeking cutting-edge performance and innovative technology. Rimac's products are marketed primarily in Europe, the United States, and select markets in Asia, targeting affluent consumers who value performance and sustainability. Rimac Automobili generates revenue through the direct sale of its high-performance electric hypercars, specifically the Nevera and Nevera R, which are sold at premium price points.

The company's sales strategy is predominantly B2C, focusing on individual customers. Additionally, Rimac engages in partnerships with automotive manufacturers, leveraging its proprietary EV technology for collaborative projects, including licensing agreements and technology-sharing arrangements, ensuring a personalized customer service experience throughout the purchasing process. Following the EUR 500 mn raised in Series D funding in May 2022, Rimac Automobili plans to utilize this capital to support continuous innovation in manufacturing, expand production capabilities, and focus on talent acquisition. The company is also expected to explore upcoming models and expand its reach into new markets, although specific details regarding new product launches or geographic expansions have not been disclosed.