Rivian closes $2.65 billion investment round, now worth $27.6 billion

Fox Business | Jan 19, 2021 at 8:04 PM
  • Rivian has announced the completion of a $2.65 billion funding round, bringing the total amount the startup electric automaker has raised to $8 billion as it ramps up for a start of production later this year.
  • Rivian, in which Ford invested $500 million in 2019, is scheduled to launch its own R1T midsized pickup and an electric delivery van designed exclusively for Amazon later this year.