Electric Vehicles

Avatr

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

$1.5B
Total Raised
Series C
Latest Round
2018
Founded
1500+
Employees
Chongqing, China
1 min read

Quick Facts

Valuation
$7B
Latest Round Size
$1.5B
Latest Round Date
December 2024

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

Key Investors

CATL
Lead Investor
Verified investor in Series C
Huawei
Investor
Verified investor in Series C
Changan Automobile
Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources