Volkswagen unit Porsche is participating in a financing round of Rimac Automobili, which will fund the electric supercar maker to raise 130 million-150 million euros, its owner Mate Rimac told weekly Automobilwoche.
The fundraising should be completed in two to three months. After which another round is planned at the end of the year, Rimac told the trade journal.
Porsche owns a 15.5 per cent stake in Rimac Automobili and could raise its stake to just below 50 per cent in a deal. This deal would also include the transfer of Volkswagen’s supercar brand Bugatti to Rimac, Automobilwoche said.
