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Zeekr Raises $750 Million with $13 Billion Valuation

Zeekr

Zeekr, the luxury electric vehicle brand of China’s largest private carmaker Geely, has officially announced that they have raised $750 million during a Series A funding round with a post-money valuation of $13 billion.

Within the last few months, Zeekr said that they ad confidentially filed for an initial public offering in the United States, seeking over $1 billion in proceeds at a valuation of more than $10 billion, according to Reuters.

The new funds will support Zeekr’s technology research and global expansion.

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