Funds managed by T. Rowe Price Group Inc. led a $1.3 billion funding round in Rivian that also included the likes of Amazon.com Inc. and Ford Motor Co. as investors in the fast-growing electric-vehicle maker. Prior to Monday’s announcement, Plymouth, Michigan-based Rivian had raised $2.2 billion. Baltimore-based T. Rowe Price has been no stranger to investing in electric vehicles, participating in several funding rounds for companies using the technology. T. Rowe Price was once the largest shareholder…
from https://www.bizjournals.com/baltimore/news/2019/12/23/t-rowe-price-leads-1-3-billion-round-in-electric.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/189832712897
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