Formula E Holdings
Latest round
- Series A
Last raised
- May 2014
Total raised
- $69M
Investors
- 3
About Formula E Holdings
Founded in 2012, Formula E Holdings Limited is responsible for the ABB FIA Formula E World Championship, which focuses on fully electric vehicle racing. The company has not undergone notable strategic pivots or changes in operations. Its headquarters is located in London, UK. The founders include Achmad Ristanto, Alberto Longo, and Ali Russell. Al Smith, Emanuel Daniel, and Jamie Reigle serve as CEOs.The ABB FIA Formula E World Championship operates as a premier racing series focused on fully electric vehicles, positioning itself as a platform for innovation in electric mobility. Its core offerings include hosting competitive races in various global cities, showcasing advanced electric vehicle technology in real-world conditions. The series features meticulously designed tracks that seamlessly integrate urban environments with racing, promoting sustainability and showcasing the capabilities of electric cars. It serves a diverse audience, including racing fans, automotive manufacturers, and technology companies, facilitating engagement through events, media coverage, and digital platforms.The revenue model of the ABB FIA Formula E World Championship is multifaceted, encompassing ticket sales, sponsorships, and media rights agreements. Revenue is generated through ticket sales for each race event, allowing fans to attend and experience the races live, alongside various hospitality packages. The championship also establishes partnerships with corporate sponsors, who gain visibility through branding opportunities at events and digital platforms. Furthermore, media rights are sold to broadcasters globally, ensuring extensive coverage and engagement with audiences.The company’s future growth strategy includes continuing to expand the ABB FIA Formula E World Championship into new geographic regions and markets. Specific targets for expansion have not been publicly outlined. Recent developments indicate that Formula E aims to strengthen its presence and explore opportunities for new product offerings that align with its mission of promoting electric mobility solutions.
Who invested in Formula E Holdings
3 investors across 1 round
See all investors in Formula E Holdings
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
May 14, 2014
Amount
$69M
Investors
Questions about Formula E Holdings
Who invested in Formula E Holdings?
Formula E Holdings has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Formula E Holdings raised?
Formula E Holdings has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Formula E Holdings last raise money?
Formula E Holdings's most recent round on record is a Series A, in May 2014.
What does Formula E Holdings do?
Founded in 2012, Formula E Holdings Limited is responsible for the ABB FIA Formula E World Championship, which focuses on fully electric vehicle racing.
Where is Formula E Holdings headquartered?
Formula E Holdings is headquartered in London, UK.
Which VCs invest in companies like Formula E Holdings?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back travel & leisure companies at Formula E Holdings's stage. Their profiles are linked below.
VCs backing travel & leisure startups at Series A
Raising like Formula E Holdings? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.