Rivian, the EV startup looking to challenge Tesla with electric pickups and SUVs, just raised another $2.5 billion in funding
Electric-vehicle upstart Rivian just closed a $2.5 billion round of funding, the company announced on Friday. Since last year, Rivian has raised well over $5 billion and is backed by Amazon, Ford, and Cox Automotive, among others. Visit Business Insider's homepage for more storiesElectric-vehicle startup Rivian, which is among the most-anticipated challengers to Tesla and has already secured investments from the likes of Ford and Amazon, has completed a new $2.
Including this latest batch of funding, Rivian has racked up roughly $5.35 billion from investors since 2019. Last year's major investments include a $700 million round led by Amazon, $500 million from Ford, and $350 million from Cox Automotive.
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