Polestar raises $300 million in latest equity financing round
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Polestar announces new equity financing of USD 300 million
March 16, 2026 9:00 AM EDTTargeted total of USD 1 billion new equity funding completed since December 2025, with the continued support of Geely Holding Enhanced balance sheet strength, liquidity and improved free float from a more diversified shareholder base
GOTHENBURG, Sweden--(BUSINESS WIRE)-- Polestar (Nasdaq: PSNY) today announced a total of USD 300 million in equity investments by purchasers including Crédit Agricole CIB, Vida Finance S.A., Innovator Limited and Proximastar Holdings Company Limited. Concurrent with the purchase, these purchasers have each entered into a put option arrangement with a wholly-owned... More
