Rivian raises $2.65 billion in new capital as it pushes towards production of its electric pickup
Rivian raises $2.65 billion in new capital as it pushes towards production of its electric pickup TechCrunch 1/19/2021 Kirsten Korosec Rivian has raised $2.65 billion as it prepares to begin production this summer of its all-electric pickup truck. The round, which was led by funds and accounts advised by T. Rowe Price Associates Inc., also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue and D1 Capital Partners as well as several other existing and new investors. The capital comes at a critical time for Rivian, which is undertaking th...
Source: msn.com