[eHauler]

Rivian has been able to accumulate $3.1 Billion from investors that include T. Rowe Price, Ford Motor Co, Cox Automotive and Amazon. For an electric vehicle company few heard about before, Rivian is making quite the presence. Its enough ammo to help them rival the best in the EV industry.

Rivian Funding Rounds
1.

Private Equity Round - Rivian

Rivian
Private Equity
$1,300,000,000
Dec 23, 2019

2.

Corporate Round - Rivian

Rivian
Corporate Round
$350,000,000
Sep 10, 2019

3.

Debt Financing - Rivian

Rivian
Debt Financing
$1,000,000
Aug 8, 2012

4.

Debt Financing - Rivian

Rivian
Debt Financing
$250,000
Dec 1, 2011

5.

Corporate Round - Rivian

Rivian
Corporate Round
$700,000,000
Feb 15, 2019

6.

Corporate Round - Rivian

Rivian
Corporate Round
$500,000,000
Apr 24, 2019

7.

Debt Financing - Rivian

Rivian
Debt Financing
$200,000,000
May 23, 2018

 

[JimmyEV]

I forgot about T. Rowe Price investing in Rivian. They also secured investment from BlackRock, another investment company.

The startup making the Tesla Cybertruck's closest rival just raked in $1.3 billion from T. Rowe Price, Amazon, Ford, and BlackRock

Rivian has now raised over $3 billion. It plans to release an electric SUV, the R1S, and an electric pickup truck, the R1T, next year.

www.businessinsider.com

 

[eHauler]

Expect more investment rounds since Ford and Amazon set the ground work for it.