Electric start-up Rivian gets $US2.5 billion funding boost

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US electric-car start-up Rivian has finalised another investment round of $US2.5 billion ($AU3.6 billion). The company has raised nearly $US5 billion ($AU7.2 billion) in 2020, adding to the $US2.85 billion ($AU4.1 billion) invested into Rivian in 2019. Counted among its investors are Ford, Amazon, and an investment firm owned by billionaire George Soros, a US stock trader and financier.

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