Rimac Automobili
Ljubljanska 7, Sveta Nedelja, Zagrebacka, 10431, Croatia
Overview
Rimac Automobili, founded by Mate Rimac in 2009, is known for producing electric hypercars such as the two-seater C Two. The C Two produces 1,914 horsepower, has a top speed of 256 mph and accelerates 0–60 mph in 1.85 seconds; Rimac planned to unveil the C Two in its final form in 2021. Beyond hypercars, Rimac engineers and manufactures battery technology in the high-voltage segment, electric powertrains, and digital human-machine interfaces. The company employs around 1,000 people. Rimac has attracted strategic investments from automakers including Porsche and a joint €80M investment from Hyundai and Kia. Porsche has placed orders with Rimac for the development of series components and views Rimac as positioned to become a Tier 1 supplier. Rimac Automobili develops electric hypercars and high‑voltage battery systems, electric powertrains and human‑machine digital interfaces. It is best known for the C Two hypercar debuted in 2018, which produces 1,914 horsepower, has a 256 mph top speed and an NEDC range of about 404 miles. The company also operates Greyp Bikes (established 2013) and supplies battery and powertrain technology to other automakers. Rimac was founded in 2009 and is based in Zagreb, employing around 550 people. It has worked with Renault, Jaguar and Aston Martin and in May 2019 Hyundai and Kia jointly invested €80 million. Rimac says it plans further collaboration with strategic partners to develop electrified models and battery technology. Rimac Automobili develops high-performance electrification components and bespoke electric hypercars, and supplies high-voltage battery technology and powertrains to automakers. The company also designs in-car digital interfaces, runs a subsidiary focused on electrics, and produces vehicles such as the C_Two. Rimac was founded in 2009 by Mate Rimac and is based in Croatia; the team is about 500 people strong. The firm says its next challenge is to scale from low-volume, complex components to an established Tier‑1 supplier for the industry. To support that transition, Rimac is partnering with major automakers and expanding collaborations. Its recent deals aim to accelerate bringing high-performance electric vehicles to market under partner brands. Rimac Automobili is a Croatian electric hypercar maker and developer of high-performance EV powertrains and battery systems, founded by Mate Rimac in 2009. Its flagship C Two hypercar debuted at the Geneva Motor Show in March 2018 and produces 1,914 horsepower, accelerates 0–60 mph in 1.85 seconds, reaches a 256 mph top speed, and has a reported 405-mile battery range. Rimac plans to produce roughly 150 C Two hypercars priced at about $2.1 million each. Beyond building cars, the company engineers components for OEMs including Renault, Jaguar, and Aston Martin, and its tech was used in Jaguar’s E‑Type Zero. Rimac employs about 400 people, works on digital vehicle interfaces, and runs a separate electric-bike subsidiary called Greyp Bikes. Porsche’s recent investment is positioned as a development partnership that could support both companies’ EV ambitions. Rimac Automobili builds electric vehicles including the Concept_One supercar and the Greyp high-tech electric bike. The company completed a €10 million Series A investment with investors from Asia and South America. Its order books for both the Concept_One and Greyp are full. Sixty of Croatia's top electronics and mechanical engineers currently manufacture products and design new ones, and the workforce is scheduled to increase to 150 by this time next year. The company is Croatia-based and is cited as part of a broader wave of seven-figure funded startups in the country. Prior to the close, Rimac had been reported to be "gearing up" for an €8 million investment.
- Total raised
- $195M
- Funding rounds
- 7
- Latest round
- Equity
- Latest activity
- Mar 2021
Industries
- Automotive
- Electric Vehicle
- Manufacturing
Recent funding
Equity
Mar 2021
$83M
Equity
May 2019
$90M
Series A
Nov 2014
$13M
Equity
Apr 2014
$7M
Team
Mate Rimac
Founder and CEO
LinkedIn