Rivian Raises $1.3 Billion In Latest Funding Round
Credit to Author: Steve Hanley| Date: Wed, 25 Dec 2019 04:30:02 +0000
Rivian has not even begun building pre-production versions of its RiT electric truck and R1S electric SUV, but it raised almost $3 billion in 2019, capped by its most recent funding round that added $1.3 billion to the company’s coffers. This latest round was led by T. Rowe Price, which is also a major investor in Tesla