A decade ago, Rimac Automobili was one-person startup in a garage. Today, the EV and technology company founded by Mate Rimac employs more than 1,000 people, has partnerships with Porsche and Hyundai Motor Group and is on track to launch its 1,914 hp, all-electric C_Two hypercar this year.
If that weren’t enough, Rimac also launched a subsidiary company Greyp Bikes to produce electrically assisted bicycles. It’s a notable run for a company that Mate Rimac founded after converting a 1984 BMW into an electric vehicle that at one time was the fastest in the world. What makes it remarkable is he started the company in Croatia and at time that lacked the typical network found in Silicon Valley.
“Ten years ago today, I was still like one guy in a garage and we did this in a location in Croatia where there is not a lot of technology or industry in general,” he said in an interview with TechCrunch earlier this year. “So it was crazy, I didn’t have a single venture capital fund. There were no tech startups. There was no industry in general, not just like automotive, but industry as such….
