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26 Jul
10:31

Rivian raises another $2.5 billion in round led by existing investors

US electric vehicle start-up Rivian has completed a new round of private funding, raising another $2.5 billion led by Amazon, Kallanish reports. The company said the round was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T Rowe Price Associates. The financing also included Third Point, Dragoneer Investment Group, Coatue and Fidelity Management and Research Company. A total of $10.5 billion …
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