Fisker is a U.S.-based electric vehicle manufacturer redefining sustainable mobility with design-forward EVs, innovative materials, and subscription-friendly ownership models. Known for the Fisker Ocean SUV, the company aims to build environmentally conscious vehicles using recycled interiors, efficient powertrains, and flexible charging options. With a focus on affordability and design excellence, Fisker blends engineering with eco-friendly manufacturing practices. Backed by over $1B in funding, Fisker continues accelerating product development, scaling operations, and expanding its global distribution. Its consumer-centric digital app strengthens user engagement through seamless vehicle management, leasing, and connected services.
What Is Fisker and What Does It Do?
Fisker, founded in 2007 by Henrik Fisker, is a Los Angeles-based (United States) electric vehicle manufacturer focused on delivering sustainable, design-driven EVs. The company builds fully electric cars that emphasize eco-friendly interiors, efficient powertrains, and future-ready connected technology.
Fisker employs 1,195+ people and continues to expand its manufacturing and engineering teams globally.
The company develops the Fisker Ocean, a next-generation SUV engineered with recycled materials, optimized charging, and an immersive digital interface. Its app-based ecosystem allows users to lease, manage, and control their vehicles seamlessly. With a mission to create the world’s most emotional and sustainable EVs, Fisker prioritizes environmental responsibility, premium design, and long-term affordability.
How Much Funding Has Fisker Raised?
1. Series D
- Amount Raised: $50M
- Date: July 08, 2020
- Motivation: To support vehicle development, scale engineering, and prepare for commercial production.
2. Post-IPO Equity
- Amount Raised: $6.52M
- Date: October 28, 2020
- Motivation: To strengthen liquidity and enhance production capacity.
Total Funding Raised: $1.11B
Current Valuation: $2.9B (as of July 2020)
Latest Funding Date: July 2023
Key Investors
1. Caterpillar
- Details: Global heavy equipment and industrial technology leader investing in next-generation mobility solutions.
- Investment Focus Areas: Clean energy, transportation innovation, industrial technology.
- Notable Investments: Fisker, Xos Trucks, Energy Vault, Proterra, Clarios.
2. Apollo Global Management
- Details: A leading global investment firm active across credit, private equity, and real assets.
- Investment Focus Areas: Mobility, clean tech, industrials, infrastructure.
- Notable Investments: Hertz, Sun Country Airlines, ADT, BrightSpeed, Verra Mobility.
3. Advantas Capital Ventures
- Details: Venture firm supporting early and growth-stage companies across consumer and industrial categories.
- Investment Focus Areas: Auto-tech, consumer goods, sustainable manufacturing.
- Notable Investments: Fisker, Canoo, Wheels Up, ChargePoint, Rivian.
4. Moore Strategic Ventures
- Details: Global investment firm backing technology and sustainability-focused companies.
- Investment Focus Areas: Mobility, energy storage, IoT.
- Notable Investments: Embark Trucks, Nikola, QuantumScape, Nauto, Karma Automotive.
5. BlackRock
- Details: One of the world’s largest asset managers investing in EV and clean energy innovation.
- Investment Focus Areas: Renewable energy, EVs, industrial innovation.
- Notable Investments: Rivian, ChargePoint, QuantumScape, Tesla, Arrival.
Where Is Fisker’s Headquarters?
Fisker is headquartered in Los Angeles, California, a major hub for automotive innovation, design talent, and sustainability-focused engineering. The region enables access to advanced manufacturing partners, EV suppliers, and a rich ecosystem of clean-tech companies.
What’s Next for Fisker?
Fisker aims to scale production of the Ocean SUV globally, improve supply chain stability, and expand into new markets across Europe and North America. The company is also advancing next-generation EV platforms, strengthening in-house software capabilities, and exploring strategic manufacturing partnerships. With sustainability at its core, Fisker plans to introduce new models, enhance battery performance, and deepen its digital ecosystem to create a seamless ownership experience.
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