What''s the news ? Rivian has raised $2.5 billion fundraising round led by investors Amazon.com Inc, Ford Motor Co and T. Rowe Price.
Rivian has announced another successful private funding round led by Amazons Climate Pledge Fund, D1 Capital Partners, Ford Motor Company, along with funds and accounts advised by T. Rowe Price. Third Point, Fidelity Management and Research, Dragoneer Investment Group, and Coatue participated in the second investment round of 2021. The funding round brings Rivians grand
Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com, Ford Motor Co and T. Rowe Price. The announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant.
Summary List Placement The electric vehicle industry is booming, largely driven by emissions reductions targets across the globe, a deluge of investments from venture capitalists, and a surge of new technologies enabling the shift away from gas-powered vehicles. From traditional automakers to newborn startups, dozens of companies are racing to become the next "big thing" in electrification, but they won''t all make it: The auto industry is notoriously rough on newcomers, and the established players may lack the wherewithal to transition to a new way of moving. Which means that for the engineers, designers, and innovators of all sorts eager to spend their careers at the forefront of a new industry and reap the rewards deciding where to work must be a key consideration. There''s a lot of factors to consider: the stability of a traditional automaker, the potential payout and risk that come with joining a startup, the viability of the company''s technology, how much faith investors have in its future, even the company''s product portfolio.
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Rappi , a Colombian on-demand delivery startup, has raised over $500 million at a $5.25 billion valuation in a Series G round led by T. Rowe Price, the company announced late
Rappi, a Colombian on-demand delivery startup, has raised over $500 million at a $5.25 billion valuation in a Series G round led by T. Rowe Price, the company announced late Friday. Baillie Gifford, Third Point, Octahedron, GIC SoftBank, DST Global, Y Combinator, Andreessen Horowitz and Sequoia Capital and others also participated in the round. The 
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