EV developer Rivian closes $2.5B funding round; raised $10.5B in total since 2019
Green Car Congress
JULY 25, 2021
EV developer Rivian has closed a $2.5-billion private funding round. The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. Rowe Price Associates, Inc. This round included participation by Third Point, Fidelity Management and Research Company, Dragoneer Investment Group, and Coatue. As we near the start of vehicle production, it’s vital that we keep looking forward and pushing through to Rivian’s next phase of growth.