# Nikola Motor Company funding: rounds and investors

> Nikola Motor Company has raised $100M across 1 round since 2024. Investors include US Department of Energy and Fidelity. Every round with its source.

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

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

# Who invested in *Nikola Motor Company*

One round we have observed, with the 2 investors named in it. 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

Funding summary Updated 26 Oct 2026

**$100M** raised across 1 round since 2024, from 1 source

- **Latest round:** Round, $100M Dec 2024
- **Investors:** 2

See who backed them

## The rounds

- **Dec 2024** Round **$100M** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Fidelity](https://millionrounds.com/fund/fidelity) Source recorded

## Founders and team

From Nikola Motor Company's own website: 1 founder, 10 on the team.

**Dmitry Serov** Founder & CEO

- **Alex Johnson** Vice President of Software Engineering
- **David Strcic** Vice President of Commercial & Sales
- **Jason Miller** Vice President of Intellectual Property
- **Mike Archibald** Vice President of Hydrogen Infrastructure
- **Robert Kelly** Vice President of Business Development
- **Aaron Lapsley** CTO
- **Igor Serov** CFO
- **William Marley** Chief Truck Engineer
- **Erik Mason** Head of Energy Supply
- **Jess Gutierrez** Director of Maintenance

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

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

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

## Quick answers about Nikola Motor Company

### Who invested in Nikola Motor Company?

Nikola Motor Company's investors include US Department of Energy and Fidelity.

### How much has Nikola Motor Company raised?

Nikola Motor Company has raised $100M across 1 round since 2024.

### When did Nikola Motor Company last raise?

Nikola Motor Company's most recent round was an Undisclosed round of $100M in Dec 2024.

### What was Nikola Motor Company's biggest round?

Its most recent round, $100M in Dec 2024, is also its largest on record.

### Who backed Nikola Motor Company first?

Nikola Motor Company's first round on record, in Dec 2024, was backed by US Department of Energy and Fidelity.

### What stage is Nikola Motor Company at?

Nikola Motor Company's latest named round is an Undisclosed round, in Dec 2024.

### Where is Nikola Motor Company based?

Nikola Motor Company is based in the United States.

## Companies like Nikola Motor Company

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

[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**American Metal** $1.7M · Oct 2026](https://millionrounds.com/company/american-metal)[**Waymo** $27B · Oct 2026](https://millionrounds.com/company/waymo)[**Flai** $32M · Oct 2026](https://millionrounds.com/company/flai)[**Bloom** $418M · Oct 2026](https://millionrounds.com/company/bloom)[**Simple Energy** $199M · Sept 2026](https://millionrounds.com/company/simple-energy)

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