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20 Jan
08:52

Rivian secures $2.65 billion in latest funding round

US-based electric vehicle (EV) start-up Rivian has announced a new funding round of $2.65 billion, Kallanish reports. The latest funding round comprises funds and accounts advised by T. Rowe Price, Fidelity Management and Research, Amazon’s Climate Pledge Fund, Coatue and D1 Capital Partners, among other new and existing investors. Rivian has now accumulated $8 billion in investments since the start of 2019, with funding rounds of $2.5 billion in July last …
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