Rivian

United States · Mobility · Enterprise software

Electric vehicle manufacturer developing vehicles, electrical architecture and software.

Product

Rivian develops electric vehicles and the electrical architecture and software that support them. Its vehicle platforms combine physical hardware with software that can be updated remotely.

The Irvine, California company also works with Volkswagen Group through a joint venture focused on vehicle electrical architecture and software development. The partnership provides another route for Rivian’s technology to reach vehicles beyond its own lineup.

Funding history

2 rounds · 2 with disclosed amounts
AnnouncedRoundAmountInvestors
Volkswagen financing commitments≤$3.5BVolkswagen Group — Participant
Convertible note$1BVolkswagen Group — Participant
Sourcessec.gov ↗techcrunch.com ↗