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Polestar

Funded Tech Companies

Polestar

Operating out of Gothenburg, Polestar has funding from Natixis and BBVA - Banco Bilbao Vizcaya Argentaria.

Company Overview

Company Name

Polestar

Company Status

Private & Independent

Industry

Manufacturing

Funding Rounds

1 VC funding round

Total Funding

At least $300 million

Contact Information

Mailing Address

Assar Gabrielssons Väg 9
Gothenburg, 405 31
Sweden

Phone

Undisclosed

Website

www.polestar.com

Email Address

[email protected]

Company Background Information

Overview

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe, and Asia Pacific. Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar is diversifying its manufacturing footprint further, with production of Polestar 7 planned in Europe. Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar's comprehensive sustainability strateg

Profile