ARRIVAL

Arrival is a technology company with a mission to make electric vehicles mainstream in order to drive the adoption of sustainable technologies.

Arrival specializes in electric vehicles. The company is making vans the way they should be - smart and electric.

Arrival was founded in 2015 by Denis Sverdlov. The company is headquartered in London, UK, with offices in Germany, Netherlands, Israel, Russia and the US.

 

Arrival has created in-house software, components, sustainable materials and modular skateboard platforms to enable Generation 2 vehicles. Purpose Built Vehicles of any weight, type, size and shape are produced from Arrival’s platforms and assembled by microfactories.

 

Arrival is reimagining vehicle design and assembly to create Generation 2 Electric Vehicles. Generation 1 electric vehicles are existing fossil fuel vehicles retrofitted with electric power trains, making them expensive, inefficient and costly to run and maintain. In contrast, Arrival’s Generation 2 products have been designed from a blank sheet and surpass traditional vehicles in cost, design and efficiency.

 

Arrival is backed by Hyundai Motor Company, BlackRock, Kia Motors, UPS and other. The company raised $118M in new financing on Oct 14, 2020. This brings Arrival's total funding to $229.6M to date. The company came out of stealth $110M fundraising in January 2020. That boosted Arrival's valuation to more than $3B.

 

Arrival was placed 19th in LinkedIn’s Top Startups 2019 list identifying the top 25 hottest UK companies to work for.

 

 

  • Year founded: 2015
  • Funding Info: $229.6 over 2 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $3B as of January 16, 2020
  • City/Town: London
  • State: London
  • Country: United Kingdom
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