# Optare: Automotive, Sherburn in  Elmet, United Kingdom

> Optare: Optare designs, manufactures, and sells buses. Based in Sherburn in Elmet, United Kingdom. Founded 1985.

Source: https://millionrounds.com/startup/optare (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Automotive startup](https://millionrounds.com/companies)

# Optare

Optare designs, manufactures, and sells buses.

Funding reported Last round: Private equity

Automotive Sherburn in Elmet, United Kingdom

Company summary

- **Founded:** 1985 41 years old
- **Team:** 251 201 to 1,000 people
- **Funding reported:** 113.4M as listed, currency not stated
- **Last round:** Private equity Dec 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Optare has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Optare raised

Funding, as reported

Reported in all **113.4M** in the source's currency

Rounds **1**

Last round **Private equity**

Last round date **Dec 2023**

Investors listed **1**

## Funding filed with regulators

Optare filed 5 raises, $276M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2026 **$34M** UK share allotment
- Mar 2026 **$40M** UK share allotment
- Apr 2025 **$58M** UK share allotment
- Feb 2024 **$64M** UK share allotment
- Nov 2023 **$80M** UK share allotment

## Automotive in United Kingdom

Startups like it

- [**Britishvolt Limited** London · founded 2019](https://millionrounds.com/startup/britishvolt-limited)
- [**ECARX** London · founded 2017](https://millionrounds.com/startup/ecarx)
- [**One Moto** London · founded 2016](https://millionrounds.com/startup/one-moto)
- [**Tevva** TILBURY · founded 2012](https://millionrounds.com/startup/tevva)
- [**Nu Ride** New York](https://millionrounds.com/startup/nu-ride)
- [**Bumper** London · founded 2013](https://millionrounds.com/startup/bumper)
- [**McLaren Group** Woking · founded 2017](https://millionrounds.com/startup/mclaren-group)
- [**UK Battery Industrialisation Centre** founded 2018](https://millionrounds.com/startup/uk-battery-industrialisation-centre)

## Is this your company?

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