Total amount raised
$1.8 Billions
Latest funding date
5/1/2024
Location
Fisker has successfully navigated multiple funding rounds, securing significant investments to fuel its growth. The company's strategic fundraising efforts have attracted a diverse group of investors, underscoring its potential in the market.
Keep reading to explore the intricacies of Fisker's fundraising journey and the investors backing this innovative platform.
What Is Fisker?
Fisker, founded in 2016, is an innovative electric vehicle company based in California. The company was established by Henrik Fisker and Geeta Gupta-Fisker.
Fisker focuses on creating sustainable and stylish electric vehicles, aiming to revolutionize the automotive industry. The company has grown significantly since its inception.
With a dedicated team of over 300 employees, Fisker continues to push the boundaries of electric vehicle technology and design.
How Much Funding Has Fisker Raised?
- Series A
- Amount Raised: Not publicly disclosed
- Date: September 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and initial product development.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: October 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop and refine their electric vehicle technology.
- Series C
- Amount Raised: $50M
- Date: July 2020
- Lead Investors: Moore Strategic Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale production capabilities and prepare for market entry.
- Post-IPO Equity
- Amount Raised: $500M
- Date: October 2020
- Lead Investors: AllianceBernstein, BlackRock, Federated Kaufmann Fund, Moore Strategic Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market presence and accelerate product development.
- Post-IPO Debt
- Amount Raised: $625M
- Date: August 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen financial stability and support long-term growth.
- Post-IPO Debt
- Amount Raised: $340M
- Date: July 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund new product lines and enhance technological capabilities.
- Post-IPO Debt
- Amount Raised: $150M
- Date: September 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing research and development efforts.
- Post-IPO Equity
- Amount Raised: $150M
- Date: March 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and increase production capacity.
- Post-IPO Debt
- Amount Raised: $3.5M
- Date: May 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To address immediate operational needs and ensure liquidity.
Fisker has raised a total of $1.8185B. The current valuation is not publicly disclosed.
Key Investors
- AllianceBernstein
- Details: AllianceBernstein is a global investment management firm providing diversified investment management services worldwide. They manage assets across a range of investment disciplines.
- Investment Focus Areas: Equities, Fixed Income, Multi-Asset Solutions
- Notable Investments: Not publicly disclosed
- BlackRock
- Details: BlackRock is one of the world's largest asset management firms, offering a wide range of investment solutions and services. They are known for their expertise in risk management and advisory services.
- Investment Focus Areas: Equities, Fixed Income, Real Assets
- Notable Investments: Not publicly disclosed
- Federated Kaufmann Fund
- Details: Federated Kaufmann Fund is a part of Federated Hermes, a global leader in active, responsible investing. They focus on growth-oriented investment strategies.
- Investment Focus Areas: Small Cap Growth, Mid Cap Growth, Emerging Markets
- Notable Investments: Not publicly disclosed
- Moore Strategic Ventures
- Details: Moore Strategic Ventures is the private investment vehicle of Louis Bacon, focusing on long-term investments in various sectors. They are known for their strategic and opportunistic investment approach.
- Investment Focus Areas: Technology, Energy, Real Estate
- Notable Investments: Not publicly disclosed
What's Next for Fisker?
Fisker stands at the cusp of a significant opportunity in the electric vehicle market, driven by increasing consumer demand for sustainable transportation. The company's innovative designs and commitment to sustainability position it well to capture a substantial market share.
Future fundraising efforts will likely focus on scaling production and expanding market reach. With the electric vehicle industry growing rapidly, Fisker may attract further investments to support its ambitious goals.
However, challenges such as supply chain disruptions and intense competition could pose hurdles. Navigating these obstacles will be crucial for Fisker's continued success and growth in the evolving automotive landscape.
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