Lucid Group
Latest round
- Series B
Last raised
- Jan 2011
Total raised
- $24M
Investors
- 3
About Lucid Group
Lucid Group, Inc., headquartered in Newark, US, specializes in electric vehicles. IV in July 2021.Lucid Motors primarily specializes in the design and manufacture of luxury electric vehicles (EVs), counting its flagship model, the Lucid Air, released in 2021. The company aims to revolutionize the EV market by offering vehicles that balance range, efficiency, and technology. The Lucid Air has garnered attention for its long electric range and advanced features.15 mn. The company generates revenue primarily through direct sales of its electric vehicles, focusing on the high-end luxury segment. Customers can lease or finance vehicles through Lucid Financial Services, enhancing transactions.Lucid Group, Inc. plans to launch new products, enhancing its lineup with upcoming electric vehicles. The company aims to expand into new geographic regions, particularly targeting markets in Europe and Asia by 2025. IV in July 2021, which strengthened its market presence and operational capabilities.
Who invested in Lucid Group
3 investors across 1 round
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Funding rounds
Series B
Jan 20, 2011
Amount
$24M
Investors
Questions about Lucid Group
Who invested in Lucid Group?
Lucid Group 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 Lucid Group raised?
Lucid Group has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Lucid Group last raise money?
Lucid Group's most recent round on record is a Series B, in Jan 2011.
What does Lucid Group do?
Lucid Group is a automobiles, other vehicles & parts company.
Where is Lucid Group headquartered?
Lucid Group is headquartered in Newark, US.
Which VCs invest in companies like Lucid Group?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Lucid Group's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series B
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