Rivian closes another $2.5B funding round led by Amazon, Ford & D1 Capital Rivian announces another funding round of $2.5 billion, which brings a grand total of $10.5 billion funding to date. The private funding was led by Amazon’s Climate Pledge Fund, Ford Motor Company, and D1 Capital partners. Where accounts were advised by T. Rowe Price Associates Inc. Image credits- Tech Crunch The second round of investment in 2021 included funding from Dragoneer Investment Group, Fidelity Management, Third Point, and Research and Coatue. As their delivery date is coming up, they are pushing for more. Recently Rivian announced their plan to have another manufacturing plant. Multiple states in the US are known to have submitted bids for the facility, known as “Project Tera”. Rivian’s current manufacturing plant is in Normal, Illinois.