Ramping up to electric trucks, Rivian has raised $5.3B since early 2019

Ramping up to electric trucks, Rivian has raised $5.3B since early 2019

Rivian R1TEV firm Rivian hasn’t delivered a single vehicle yet, but the company has raised roughly $ 5.3 billion since early 2019. Rivian said Friday that it had just closed a $ 2.5 billion funding round, its first of 2020. The financing was led by funds and accounts advised by T. Rowe Price Associates, Inc., a Rivian press release said. The latest funding…

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