How is Rivian funded?

Electric vehicle start-up Rivian on Friday said it closed a $2.5 billion funding round led by existing investors Amazon, Ford Motor and T. Rowe Price. The company said it has raised about $10.5 billion to date.

Does Rivian have a SPAC?

By doing a traditional I.P.O., Rivian has chosen a different route onto the stock market than Lucid, Nikola and Lordstown, which all became public companies by merging with a special purpose acquisition company, or SPAC, that was already on the stock market.

How did Rivian raise money?

Rivian said the financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford and funds and accounts advised by T. Rowe Price. It also included participation by Third Point, Fidelity, Dragoneer Investment Group and Coatue.

Is Rivian funded by Amazon?

Rivian Automotive announced a confidential IPO filing on Friday. Last month, the company closed a $2.5 billion funding round led by Amazon, Ford Motor and T. Rowe Price. Since 2019, Rivian has raised about $10.5 billion.

Who are the investors for Rivian?

Rivian has raised roughly $10.5 billion to date. In January, the company brought in $2.65 billion from existing investors T. Rowe Price Associates Inc., Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue and D1 Capital Partners.

Is Rivian a public CO?

Electric vehicle startup Rivian, which started deliveries of its R1T pickup truck in September, released its filing to become a publicly traded company in the United States.

Who are the biggest investors in Rivian?

California-based Rivian is among the most well-funded U.S. startups, having raised $10.5 billion since the start of 2019. Other investors include BlackRock Inc, Soros Fund Management, Fidelity and Saudi auto distributor Abdul Latif Jameel Co (ALJ).

Who are Rivian’s investors?

Who are the investors in Rivian Automotive Company?

Rivian has closed an investment round of $2.65 billion. The financing was led by funds and accounts advised by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue and D1 Capital Partners as well as several other exist…

What do you need to know about Rivian stock?

About Rivian Stock Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. Founded in 2009, Rivian is an automotive technology company developing an integrated portfolio of products and services to advance the shift to sustainable mobility.

How much money has Rivian raised to date?

Rivian has raised a total of $8.2B in funding over 9 rounds. Their latest funding was raised on Jan 19, 2021 from a Private Equity round. Rivian is funded by 14 investors. Climate Pledge Fund and Fidelity Management and Research Company are the most recent investors.

Do you have a formal relationship with Rivian?

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Rivian or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.