Arrival is a developer and manufacturer of zero-emission, public transportation vehicles.
Arrival is a technology company that develops a generation of two electric vehicles. It develops software, materials, components, and scalable skateboard platforms and its micro-factories allow them to make vehicles and adapt to any mobility ecosystem. It is a zero-emission solution for cities and a human-centered, intelligent design to revitalize public transportation.The company’s new method uses low CapEx, rapidly scalable Microfactories that can be placed anywhere in the world to serve the regions they are located in.It was founded in 2015 and is headquartered in London, England.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 25, 2021 | Post-IPO Equity | $400M | 4 | — | — | Detail |
Mar 25, 2021 | IPO | $660M | — | — | — | Detail |
Oct 14, 2020 | Series B | $118M | 2 | BlackRock Innovation Capital | — | Detail |
Jan 16, 2020 | Series A | €100M | 3 | Hyundai Motor Company | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
BlackRock Innovation Capital | Yes | Series B |
Hyundai Motor Company | Yes | Series A |
BlackRock | — | Post-IPO Equity |
BNP Paribas Asset Management | — | Post-IPO Equity |
Fidelity Management and Research Company | — | Post-IPO Equity |
Wellington Management | — | Post-IPO Equity |
Winter Capital | — | Series B |
Kia Motors | — | Series A |
UPS Ventures | — | Series A |