Sigma, a maker of self-driving electric cars, has raised $100 million from investors including Google, Apple and Qualcomm.
The company said Thursday it would use the money to expand its manufacturing of its electric vehicle, a first for a vehicle maker.
It said it would also add 100 new jobs.
“We believe this funding will help us to continue to focus on the core competency of making the world’s most advanced electric vehicles, which are now affordable to millions of people,” CEO Joe DiSanto said in a statement.
“We are taking this investment to help us achieve our vision of bringing the world a self-drive car.”
The company is building a new factory in the southern California city of Sunnyvale that it expects to start production next year.
It also said it has received a $1 billion investment from Ford and a $2.3 billion investment by Ford’s investment arm, Fisker Automotive.
It has a long history of investing in new technologies.
The investment will allow the company to expand production in a way that makes sense for customers, according to the company.