EV startup Rivian closes USD2.5 billion funding round

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Rivian has raised USD10.5 billion since 2019

Electric vehicle startup Rivian has closed a USD2.5 billion private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company, and funds and accounts advised by T. Rowe Price Associates, Inc., the company said in a press announcement on 23 July.

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