Robert 'R.J.' Scaringe, CEO and founder of Rivian, recently said the company was 'open' to additional financing to help support its 'aggressive growth plans.'
The funding comes as the company continues to renovate a former Mitsubishi plant in Normal, Illinoisto produce its vehicles as well as a line of EV vans, which AmazonIn June, CNBC obtained correspondence regarding a funding round for Rivian, saying the company was raising at least $2 billion with a pre-money valuation at or above $8 billion. At the time, Rivian denied they were raising money.
"We often receive unsolicited investment offers from institutions and individual investors," Amy Mast, public relations director at Rivian, said in a June 9 email. "We have heard this rumor ourselves - it is categorically false. Publishing this would be spreading a rumor that is simply not true."More recently, CEO and founder Robert "R.J.
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