Electric vehicle startup Rivian said it raised an additional $2.5 billion in funding from accounts advised by investment firm T Rowe Price. Other investors who participated in this round included Soros Fund Management, Coatue, Fidelity Management and Research, and Baron Capital Group. Existing investors Amazon and hedge fund BlackRock also took part in this round, Rivian said.
Electric vehicle startup Rivian raises additional $2.5B from investment firm T Rowe Price
Date posted: Monday 13 July 2020