Automotive

Lordstown Motors

Lordstown Motors raises $500M Public at $700M valuation

$500M
Total Raised
Public
Latest Round
2018
Founded
500+
Employees
2300 Hallock Young Road, Lordstown, OH 44481
1 min read

Quick Facts

Valuation
$700M
Latest Round Size
$500M
Latest Round Date
January 2024

Lordstown Motors: Public Funding Round

Lordstown Motors has successfully raised $500M in Public funding, reaching a valuation of $700M.

Company Overview

Electric vehicle manufacturer

Funding Details

The Public round was led by Public.

Company Information

  • Headquarters: 2300 Hallock Young Road, Lordstown, OH 44481
  • Founded: 2018
  • Employees: 500+
  • Category: Automotive

Investment

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

About the Investors

  • Public: Verified investor in Public

Key Investors

Public
Lead Investor
Verified investor in Public

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources