Lucid Group raises $1.05 billion after stock drops to an all-time low, with major contributions from Uber Technologies and Ayar Third Investment Company.
Amount Raised
$1.05 Billion
Round Type
Post-IPO Equity
NewarkManufacturingManufacturingEnergyTransportationAutomotiveAutomotiveAutomotiveElectric VehicleInvestors
Description
Lucid Group announced a capital raise of $1.05 billion, including a public stock offering and new investments from Uber Technologies and Ayar Third Investment Company. This funding aims to support production until late 2027. The company's stock had recently dropped due to various issues, but leadership changes and partnerships signal a new direction. The funds will help Lucid continue its growth in the electric vehicle market.
Quick answer
Lucid Group raised $1.05 Billion in a Post-IPO Equity round, dated April 15, 2026. Investors: Ayar Third Investment Company and Uber Technologies. Lucid Group is based in Newark, California, United States.
- How much did Lucid Group raise?
- Lucid Group raised $1.05 Billion in a Post-IPO Equity round on April 15, 2026.
- Who invested in Lucid Group?
- Ayar Third Investment Company and Uber Technologies are named as investors in this round.
- What does Lucid Group do?
- Lucid's mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles centered around the human experience.
- Where is Lucid Group based and how big is it?
- Lucid Group is based in Newark, California, United States. Fundz records about 6,800 employees.
- Who are the decision-makers at Lucid Group?
- Fundz holds 5 contacts at Lucid Group, including the Talent Acquisition Leader. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Transportation around the same time
Companies in the same sectors as Lucid Group that raised within 45 days of this round, from Fundz verified event records.
- Rivian Automotive raised $300M (Corporate Round) on May 4, 2026.
- Azio AI Holdings, Inc. raised $3.9M on March 6, 2026.
- ZERON raised $200M (Series B) on May 26, 2026.
- Vision Marine Technologies raised $4M (Debt Financing) on May 6, 2026.
- Greenbrier raised $425M (Debt Financing) on May 5, 2026.
- Beta Technologies raised $7.1M on April 2, 2026.
Who to call at Lucid Group, and when
A new round usually means Lucid Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lucid Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lucid Group, from your own LinkedIn network
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Fundz sees it the moment Lucid Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Lucid Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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