Nikola Motor Company

company

About

Nikola Motor Company designs and manufactures electric components, drivetrains, and vehicles.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$200M
Industries
Automotive,Electric Vehicle,Logistics,Manufacturing,Transportation
Founded date
Jan 1, 2015
Number Of Employee
501 - 1000
Operating Status
Active
Stock Symbol
nasdaq:NKLA
Legal Name
Nikola Corporation

Nikola Motor Company’s goal is to transform and disrupt the transportation industry globally. From production to consumption of energy, we work towards complete zero emissions. Nikola Motor Company designs and manufactures electric vehicles, energy storage systems, and electric vehicle drivetrain components.

It was founded in 2015 and headquartered in Phoenix, Arizona.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$3.18B
Nikola Motor Company has raised a total of $3.18B in funding over 2 rounds. Their latest funding was raised on May 2, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 2, 2022 Post-IPO Debt $200M 1 Antara Capital Detail
Sep 8, 2020 Post-IPO Equity $2B 1 General Motors Detail
Jun 4, 2020 Post-IPO Equity $525M 3 Detail
Jun 4, 2020 IPO Detail
Sep 3, 2019 Series D $250M 3 CNH Industrial Detail

Investments

Number of Investments
Number of Lead Investments
1
1
Nikola Motor Company has made 1 investments. Their most recent investment was on Jun 22, 2021, when Wabash Valley Resources raised $50M.
Date Company Name
Round Money Raised Industry Lead Investor
Corporate Round $50M Energy Yes

Investors

Number of Lead Investors
Number of Investors
4
9
Nikola Motor Company is funded by 9 investors. Antara Capital and General Motors are the most recent investors.
Investor Name Lead Investor Funding Round
Antara Capital Yes Post-IPO Debt
General Motors Yes Post-IPO Equity
CNH Industrial Yes Series D
US Department of Energy Yes Grant
Fidelity Management and Research Company Post-IPO Equity
P. Schoenfeld Asset Management Post-IPO Equity
ValueAct Capital Post-IPO Equity
Bosch Series D
Hanwha Series D

Employee Profiles

Number of Employee Profiles
10
Nikola Motor Company has 10 current employee profiles, including Employee Steve Girsky
Employee
Executive
Employee
Employee
Executive

Acquisition

Nikola Motor Company has acquired 2 organizations. Their most recent acquisition was Free Form Factory on Nov 1, 2017. They acquired Free Form Factory for 0.

Date Company Name
Industry Acquisition Type Price
Electric Vehicle Detail
Aug 1, 2022 Romeo Power
Battery acquisition $ 144M Detail