Who owns Rimac? Ownership structure explained (2026)

Rimac is one of the more unusual ownership stories in the car industry. What began as one man rebuilding an old BMW in a garage is now a group of companies that builds electric hypercars, supplies battery systems to global carmakers, controls the Bugatti brand, and runs a robotaxi service. The ownership behind it is layered, and it changed again in 2026.

The confusion usually starts with the name. "Rimac" can mean the founder, the hypercar brand, the components business, or the holding company that sits above all of them. Untangling who owns what matters because the answer explains how a small Croatian firm ended up steering a French luxury icon and partnering with some of the largest names in global finance and autos.

This article walks through the structure piece by piece: the holding company, the founder's stake, the roles of Porsche and Hyundai, the Bugatti Rimac joint venture, and the 2026 transaction that is redrawing the map.

Rimac Automobili was founded in 2009 by Mate Rimac in Sveta Nedelja, near Zagreb, Croatia. He was 21. The idea traced back to a 1984 BMW 3 Series he converted to electric power, which set records and convinced him that electric drivetrains could beat combustion cars on performance.

The company's first product, the Concept One, was billed as the world's first electric hypercar. Its successor, the Nevera, became the headline car: a limited-run electric hypercar priced around €2 million that has set multiple production-car speed records. Only 150 were planned.

Over time the business split into distinct arms under a parent called Rimac Group. Rimac Automobili builds the hypercars. Rimac Technology develops and supplies high-voltage batteries, e-axles, and electronics to other carmakers. Rimac Energy builds stationary battery storage systems for the power grid. The group also holds a majority of Bugatti Rimac and backs the robotaxi venture Verne. The most recent confirmed valuation for Rimac Group is above €2 billion, set in its 2022 funding round.

Rimac Group is privately held. It has never completed an initial public offering, and its shares do not trade on any exchange. Ownership sits with the founder, a set of strategic carmakers, institutional investors, and private equity firms. Because it is private, Rimac is not required to publish a full shareholder register, so exact percentages are only partly public and shift with each funding round.

The cleanest way to read Rimac is top down. Rimac Group is the parent holding company. It owns the operating businesses and the stakes in joint ventures. Under it sit Rimac Technology (components and batteries for other carmakers), Rimac Energy (grid-scale storage), and Rimac Automobili (the hypercars). Rimac Group also holds the majority position in Bugatti Rimac, the joint venture that owns the Bugatti and Rimac car brands, and it is an investor in Verne, the robotaxi company.

So when people ask who owns Bugatti or who owns the Nevera, the chain runs up through Bugatti Rimac to Rimac Group, and Rimac Group is the entity whose shareholders actually matter. Everything below is a subsidiary or a jointly owned company.

Mate Rimac is the single largest individual shareholder of Rimac Group and has said publicly that he intends to keep control of the company's direction. Reported figures for his personal stake have ranged from the low 30s in percentage terms down to the low 20s at different points, as successive funding rounds diluted early holders. The company has not published an exact current figure, so any single number should be treated as an estimate rather than a confirmed fact. What is confirmed is that no other single shareholder has held more equity than the founder, and that he controls the CEO seat at both Rimac Group and Bugatti Rimac.

Rimac's cap table was built through a mix of strategic carmaker investments and institutional rounds. The table below lists the major disclosed events. Amounts and valuations are drawn from company announcements and reporting; several early stakes were bought directly rather than raised as priced rounds.

Porsche was for years the most important strategic shareholder. The German sports-car maker first invested in 2018, raised its stake to about 15.5% in 2019, and later pushed it up toward 24%. After dilution from the Series D, Porsche held around 20.6% of Rimac Group. That relationship anchored the Bugatti Rimac joint venture. In 2026, Porsche agreed to sell out entirely, a shift covered below.

Hyundai Motor Group invested €80 million in 2019 through Hyundai Motor and Kia, split roughly €64 million from Hyundai and €16 million from Kia. The deal came with a technology partnership on high-performance electric vehicles. Hyundai's holding has been reported at roughly 12% of the group, though the exact current figure is not disclosed.

SoftBank Vision Fund 2 and the private equity arm of Goldman Sachs Asset Management led the €500 million Series D in 2022, the round that set the €2 billion-plus valuation and funded the expansion of Rimac Technology into a tier-one supplier.

Investindustrial, a European private equity firm, has been a repeat backer and invested alongside the Series D leads. Camel Group, a Chinese battery maker, took an early strategic stake in 2017 worth about €30 million.

The most eye-catching part of the structure is Bugatti Rimac. In 2021, Porsche and Rimac agreed to combine Bugatti, the storied French hypercar brand then owned within the Volkswagen Group through Porsche, with Rimac's car business into a joint venture. Rimac Group took 55% and Porsche took 45%. Mate Rimac became CEO of the combined company.

The arrangement let a young Croatian firm take operational control of a brand with more than a century of history. Bugatti kept its production in Molsheim, France, and Rimac kept its site in Croatia, but strategy and management ran through the joint venture that Rimac Group controlled.

Mate Rimac is the founder, largest individual shareholder, and CEO of both Rimac Group and Bugatti Rimac. He sets product and strategy across the group and is the public face of the business.

The senior team includes long-tenured operators who have run engineering and the components business as Rimac Technology scaled into a supplier for other carmakers. Rimac Group has expanded its board and leadership as institutional investors came in, which is typical when private equity and sovereign-linked funds take positions. Because the company is private, full board composition is not comprehensively disclosed, but strategic investors such as Porsche historically held board representation tied to their stakes. That representation is expected to change as Porsche exits and the incoming consortium takes its place.

What is confirmed is the concentration of control at the top. The founder holds the largest single block of equity and the chief executive role at both the parent and the flagship joint venture. That combination gives him unusual influence for a company that has taken on this much outside capital.

The biggest recent change is Porsche's departure. On April 24, 2026, Porsche announced it had agreed to sell both its 45% stake in Bugatti Rimac and its 20.6% stake in Rimac Group to an international consortium led by HOF Capital, a New York investment firm. BlueFive Capital is described as the largest investor in the consortium, alongside institutional investors from the United States and the European Union.

Once the deal closes, Rimac Group is set to take control of Bugatti Rimac, and HOF Capital is set to become the largest shareholder of Rimac Group alongside Mate Rimac. Porsche framed the sale as a move to focus on its core business. The parties agreed to keep the financial terms confidential. Completion is expected before the end of 2026, subject to regulatory clearances, so the final structure is not yet locked in.

Rimac's ownership is only partly transparent. As a private group with strategic, sovereign-linked, and private equity investors, it does not publish a full cap table. Reported percentages for the founder, Hyundai, and others come from company statements and press coverage rather than continuous public filings. Readers and prospective partners face real uncertainty on exact figures, which is a normal feature of late-stage private companies but a limit worth naming.

Building hypercars, supplying battery systems, and funding a robotaxi rollout all demand heavy capital. Rimac has leaned on a small set of large investors to fund that, which concentrates influence and ties the company's path to their appetite. The Porsche exit shows how quickly a cornerstone investor can change, and how much a private company depends on finding a replacement of similar scale.

Rimac's ownership structure explains how a company of its size punches so far above its weight. The founder's controlling position gives the business a single, consistent strategy across hypercars, components, energy storage, and autonomy. That is unusual for a firm that has raised this much outside money, and it is why the group can make long bets that a more diffusely owned company might avoid.

The strategic investors mattered for reasons beyond cash. Porsche's involvement gave Rimac the Bugatti brand and the credibility to supply other carmakers. Hyundai and Kia brought a technology partnership and a route into mass-market electric performance. These were industrial relationships, not just financial ones, and they shaped what Rimac built. Compare that with founder-led or strategically backed electric-vehicle makers such as Rivian, Lucid Motors, and Polestar, each of which leans on a different mix of large backers to fund the same capital-heavy race.

The 2026 Porsche exit changes the calculus. Losing an anchor carmaker as a shareholder could have weakened Rimac, but the structure was arranged so that Rimac Group gains full control of Bugatti Rimac rather than losing the brand. A financial consortium replaces a strategic one at the top of the cap table. That trades industrial ties for capital and independence, and it hands the founder more room to run the business his way. The precise value of that swap is hard to judge without the deal terms, and a business valuation calculator only goes so far when the numbers are private.

For customers, suppliers, and the workforce, ownership shapes stability. Rimac's reliance on a few very large investors means the company's direction can shift with a single transaction, as 2026 showed. Anyone assessing that dependency is really weighing a risk-concentration question, the kind a risk register template is built to organize. For now, the founder's control and the incoming consortium's capital point toward continuity rather than disruption.

Rimac is owned through its private parent company, Rimac Group. Founder and CEO Mate Rimac is the largest individual shareholder. The rest is held by strategic and financial investors that have included Porsche, Hyundai Motor Group, SoftBank Vision Fund 2, Goldman Sachs Asset Management, Investindustrial, and Camel Group. In 2026, Porsche agreed to sell its stake to a consortium led by HOF Capital.

Mate Rimac is the CEO. He founded the company in 2009 and also serves as CEO of the Bugatti Rimac joint venture, which controls the Bugatti and Rimac car brands.

No. Rimac Group is a private company and has never held an initial public offering. Its shares do not trade on any stock exchange, so it is not possible to buy Rimac stock directly.

Porsche was a major shareholder for years, holding roughly 20.6% of Rimac Group and 45% of the Bugatti Rimac joint venture. In April 2026, Porsche agreed to sell both stakes to a consortium led by HOF Capital, a deal expected to close before the end of 2026. After completion, Porsche is set to no longer own any part of Rimac.

Bugatti is owned through the Bugatti Rimac joint venture. Rimac Group has held the majority at 55%, with Porsche holding 45%. Under the 2026 transaction, Rimac Group is set to take control of Bugatti Rimac as Porsche exits, giving the Croatian company a decisive position over the Bugatti brand.

Rimac has raised well over €500 million across strategic investments and priced rounds. The largest single event was a €500 million Series D in 2022, led by SoftBank Vision Fund 2 and Goldman Sachs Asset Management, which valued the group at more than €2 billion. Earlier capital came from Porsche, Hyundai and Kia, Investindustrial, and Camel Group.