# Lucid Motors funding: rounds and investors

> Lucid Motors has raised $1.8B across 2 rounds since 2018. Investors include Alven, Ayar Third Investment and Saudi Arabian Public Investment Fund.

Source: https://millionrounds.com/company/lucid-motors (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Lucid Motors*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs Logistics

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$1.8B** raised across 2 rounds since 2018, from 3 sources

**$1.0B** Round **$750M** Round

- **Latest round:** Round, $750M Apr 2026
- **Biggest round:** $1.0B Round · Sept 2018
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2022 2024 2026

**$1.0B** Round

**$750M** Round

- **First round:** Round, $1.0B
- **Biggest round:** $1.0B
- **Between rounds:** 7.6 years

## The rounds

- **Apr 2026** Round **$750M** *3 new* [Alven](https://millionrounds.com/fund/alven) [Ayar Third Investment](https://millionrounds.com/fund/ayar-third-investment) [Saudi Arabian Public Investment Fund](https://millionrounds.com/fund/saudi-arabian-public-investment-fund) Reported by TechCrunch and 1 other
- **Sept 2018** Round **$1.0B** No investor was named in the report. Reported by FinSMEs

## Founders and team

From Lucid Motors's own website: 15 on the team.

- **Silvio Napoli** Chief Executive Officer
- **Faisal Sultan** President of Middle East
- **Lawrence Hamilton** President of Europe
- **Adrian Price** Chief Manufacturing Officer
- **Alexander De Bock** Chief Financial Officer
- **Billy Hayes** Chief Customer Officer
- **Brian K. Tomkiel** Chief Legal Officer & General Counsel
- **Derek Jenkins** Chief Creative Officer
- **Gale Halsey** Chief People Officer
- **Hugo Martinho** Chief Transformation Officer
- **Jessica Nigro** Chief Policy Officer
- **Marnie Levergood** Chief Quality Officer
- **Neil Marsons** Chief Supply Chain Officer
- **Nick Twork** Chief Communications Officer
- **Raja Macha** Chief Technology Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Round** 2026 [Alven](https://millionrounds.com/fund/alven) [Ayar Third Investment](https://millionrounds.com/fund/ayar-third-investment) [Saudi Arabian Public Investment Fund](https://millionrounds.com/fund/saudi-arabian-public-investment-fund)

## Everyone who backed them

[Alven](https://millionrounds.com/fund/alven) VC firm **1** round

[Ayar Third Investment](https://millionrounds.com/fund/ayar-third-investment) Investment firm **1** round

[Saudi Arabian Public Investment Fund](https://millionrounds.com/fund/saudi-arabian-public-investment-fund) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lucid-motors).

## Also claim to have backed them

This firm lists Lucid Motors as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[LUCIMA Shuhang Investment Co., Ltd. (LUCIMA)](https://millionrounds.com/fund/lucima-shuhang-investment-co-ltd-lucima) VC firm Per its own site

## Quick answers about Lucid Motors

### Who invested in Lucid Motors?

Lucid Motors's investors include Alven, Ayar Third Investment and Saudi Arabian Public Investment Fund.

### How much has Lucid Motors raised?

Lucid Motors has raised $1.8B across 2 rounds since 2018.

### When did Lucid Motors last raise?

Lucid Motors's most recent round was an Undisclosed round of $750M in Apr 2026.

### What was Lucid Motors's biggest round?

Lucid Motors's largest round on record is $1.0B (Undisclosed round), in Sept 2018.

### Who backed Lucid Motors first?

Lucid Motors's first round on record, in Apr 2026, was backed by Alven, Ayar Third Investment and Saudi Arabian Public Investment Fund.

### What stage is Lucid Motors at?

Lucid Motors's latest named round is an Undisclosed round, in Apr 2026.

### Where is Lucid Motors based?

Lucid Motors is based in the United States.

## Companies like Lucid Motors

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**Truck Parking Club** Oct 2026](https://millionrounds.com/company/truck-parking-club)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**American Metal** $1.7M · Oct 2026](https://millionrounds.com/company/american-metal)

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