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Electric Vehicles

Avatr

Avatr raises $1.5B Series C at $7B valuation

Chongqing, ChinaDecember 18, 20241 min read
Total Raised
$1.5B
Valuation
$7B
Latest Round
Series C
Employees
1500+

Avatr: Series C Funding Round

Avatr has successfully raised $1.5B in Series C funding, reaching a valuation of $7B.

Company Overview

Premium electric vehicle manufacturer

Funding Details

The Series C round was led by CATL, with participation from Huawei, Changan Automobile.

Company Information

  • Headquarters: Chongqing, China
  • Founded: 2018
  • Employees: 1500+
  • Category: Electric Vehicles

Investment

Avatr plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • CATL: Verified investor in Series C
  • Huawei: Verified investor in Series C
  • Changan Automobile: Verified investor in Series C

Company Info

Headquarters
Chongqing, China
Founded
2018
Team Size
1500+
Last Round
$1.5B(Dec 2024)

Investors (3)

C
CATLLead
Lead Investor
Verified investor in Series C
H
Huawei
Investor
Verified investor in Series C
C
Changan Automobile
Investor
Verified investor in Series C

Topics

verified(3079)real-funding(3079)avatrelectric vehiclesseries-cchongqing

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