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Rivian Automotive Secures $1 Billion Term Loan from Volkswagen Group

PUBLIC · RIVNOct 07, 2026

Amount Raised

$1 Billion

Round Type

Debt Financing

IrvineManufacturingTransportationAutomotiveElectric Vehicle

Investors

Volkswagen Group

Description

On October 7, 2026, Rivian Automotive, Inc. announced it has secured a committed $1.0 billion, 10-year term loan facility from Volkswagen Group. This facility, which is non-recourse to the Company, has a fixed interest rate of 6.03% per annum. The loan is secured by Rivian's 50% equity interest in the joint venture owned by Rivian JV SPC, LLC.

Quick answer

Rivian Automotive raised $1 Billion in a Debt Financing round, dated October 7, 2026. Investors: Volkswagen Group. Rivian Automotive is based in Irvine, California, United States.

How much did Rivian Automotive raise?
Rivian Automotive raised $1 Billion in a Debt Financing round on October 7, 2026.
Who invested in Rivian Automotive?
Volkswagen Group is named as investors in this round.
What does Rivian Automotive do?
Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles and accessories.
Where is Rivian Automotive based and how big is it?
Rivian Automotive is based in Irvine, California, United States. Fundz records about 16,000 employees.
Who are the decision-makers at Rivian Automotive?
Fundz holds 2 contacts at Rivian Automotive, including the COO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as Rivian Automotive that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $400M (Debt Financing) on October 9, 2026.
  • Harbinger raised $240M (Series D) on November 5, 2026.
  • Konwert India Motors raised an undisclosed amount (Pre-Series A) on October 23, 2026.
  • Drivn Transition Private Limited raised $4.7M (Seed) on September 23, 2026.
  • Drivn raised $4.7M (Seed) on September 21, 2026.
  • Depotcharge raised $3.1M (Pre-Seed) on September 15, 2026.

Who to call at Rivian Automotive, and when

A new round usually means Rivian Automotive is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Rivian Automotive

Location

Irvine, California, United States

About

Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles and accessories. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consumer and commercial customers.

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Related People

2 contacts
Verified contactsJavier V., COO hidden hiddenSee plans and pricing
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