Rivian announces USD 1.3 billion funding round led by T. Rowe Price

On December 23, Rivian announced it has closed an investment round of USD 1.3 billion, with financing led by funds and accounts advised by T. Rowe Price Associates, Inc.
Amazon, Ford Motor Company and funds managed by BlackRock also participated in the round.
The investment announcement is Rivian’s fourth of 2019.
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