Automotive

SAIC Motor

SAIC Motor raises $40B Public at $45B valuation

$40B
Total Raised
Public
Latest Round
1955
Founded
220000+
Employees
563 Weihai Road, Shanghai, China
1 min read

Quick Facts

Valuation
$45B
Latest Round Size
$40B
Latest Round Date
January 2024

SAIC Motor: Public Funding Round

SAIC Motor has successfully raised $40B in Public funding, reaching a valuation of $45B.

Company Overview

State-owned automotive manufacturer

Funding Details

The Public round was led by Public.

Company Information

  • Headquarters: 563 Weihai Road, Shanghai, China
  • Founded: 1955
  • Employees: 220000+
  • Category: Automotive

Investment

SAIC Motor 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