Rivian, an electric-vehicle startup founded in 2009, has just raised another $2.6 billion in an investment round led by T. Rowe Price. This means the Amazon-backed company has raised over $8 billion to date, making it one of the most well-funded EV startups in the world. This money will likely help launch Rivian’s first two electric vehicles later this year, as well as fund a collaboration with Amazon.
Read more about this funding here.