Rivian Raises Another $2.65b In Round Led By T. Rowe Price
Electric vehicle start-up Rivian has raised another $2.65 billion in a fundraising round led by T. Rowe Price. Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, D1 Capital Partners and Coatue also participated, as did “several other existing and new investors.” Q3 2020 hedge fund letters, conferences and more Rivian continues fundraising effortsThe EV start-up has raised some $8 billion over the last couple of years. Six months ago, Rivian raised $2.5 billion, and a year ago, it raised $1.3 billion. The Verge notes that it's difficult to know how much Rivian has in the ba...