Zeekr, the luxury electric vehicle brand of China’s largest private carmaker Geely, has officially announced that they have raised $750 million during a Series A funding round with a post-money valuation of $13 billion.
Within the last few months, Zeekr said that they ad confidentially filed for an initial public offering in the United States, seeking over $1 billion in proceeds at a valuation of more than $10 billion, according to Reuters.
The new funds will support Zeekr’s technology research and global expansion.
