London, United Kingdom
The FIA Formula E is a global electric street racing championship founded in 2012 and headquartered in the United Kingdom. As a pioneer in promoting sustainable mobility, the championship is committed to achieving net zero emissions since inception.
With the slogan "The ABB FIA Formula E World Championship. Global electric street racing. #ChangeAccelerated," the organization brings dramatic racing to iconic city centers, serving as an elite motorsport platform for leading automotive manufacturers to accelerate electric vehicle innovation.
The latest notable investment was a €50.00M Venture Round investment on 15 May 2014, with participation from Qualcomm Ventures, Causeway Media Partners, and Amura Capital. The Formula E network encompasses teams, manufacturers, partners, broadcasters, and host cities united by a passion for the sport and a belief in its potential to accelerate sustainable human progress, creating a better future for people and the planet.
FIA Formula E operates at the intersection of logistics and sports, tapping into the growing interest in environmentally conscious and technologically innovative initiatives. The championship's emphasis on electric vehicle innovation and the promotion of sustainable human progress makes it an appealing investment prospect for venture capital firms seeking to support impactful and forward-thinking initiatives.
Overall, FIA Formula E presents a compelling opportunity for venture capital investment, positioned at the forefront of the sustainable mobility revolution and the global shift towards electric vehicles.
