Zeekr, the Geely-Backed Electric Car Brand, Raises $750M at a Valuation of $13B
Electric car brand Zeekr, backed by Chinese automaker Geely, announced on Monday that it has raised $750 million from investors, including CATL and three state-affiliated funds, and is now valued at $13 billion. Last December, Zeekr announced that it filed confidentially for an IPO in the US. At the time,
Electric car brand Zeekr, backed by Chinese automaker Geely, announced on Monday that it has raised $750 million from investors, including CATL and three state-affiliated funds, and is now valued at $13 billion.
Last December, Zeekr announced that it filed confidentially for an IPO in the US. At the time, it was aiming to raise over $1 billion with a valuation of more than $10 billion. With this latest funding, it remains to be seen how the IPO plan will play out.
