Rivian announced Friday that it has acquired Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor and T. Row Price has closed a રા 2.5 billion private fund round led by funds and accounts advised by Associates Inc.

Third Point, Fidelity Management and Research Company, Dragnier Investment Group and Kotu also participated in the round, according to Rivian.

“As we approach the start of vehicle production, it is very important to look forward to the next phase of Rivian’s growth and move forward,” Revian CEO RJ Scarring said in a statement. “With this inspiration from trusted partner funds, Rivian can scale new vehicle applications, expanding our domestic convenience measures and accelerating the production of international products.”

Dan Sunheim, founder of D1 Capital Partners, said the firm is excited to increase its investment in Revine as it reaches an exciting point in its commercialization and believes there will be exceptional products for customers. “

Rivian has raised about .5 10.5 billion to date. The company did not share the valuation after the money.

The electric auto Tomeker, which now employs 7,000 people and is preparing to deliver its R1T pickup truck in September, last raised funds in January. In that round, existing investors t. Roy Price Associates Inc. The ડે 2.65 billion came from Fidelity Management and research company, Amazon’s Climate Pledge Fund, Cote and D1 Capital Partners. New investors also took part in the round, which pushed Rivian’s valuation to Rs.66.6 billion, a source familiar with the investment round told TechCrunch at the time.

The news comes a day after Riviનેn confirmed that he plans to open another US factory the next day. It also follows the revision’s decision to delay the delivery of its R1T truck and R1S SUV from this summer to September due to “delay in production due to the ongoing global shortage of armored cascading effects”, especially semiconductor chips.