Rivian Automotive Partners With Uber For $1.25 Billion Autonomous Vehicle Initiative

Rivian Automotive, Inc. has partnered with Uber Technologies, Inc. in a major autonomous vehicle initiative, with Uber committing up to $1.25 billion in investments through 2031, contingent on achieving specific autonomous milestones. The partnership will see an initial deployment of 10,000 fully autonomous R2 robotaxis in San Francisco and Miami in 2028, with expansion to 25 cities and an option to purchase up to 40,000 additional vehicles by 2030. RJ Scaringe, Founder and CEO of Rivian, highlighted that the collaboration will accelerate the company’s path to level 4 autonomy, leveraging Rivian’s third-generation autonomy platform and in-house RAP1 chips to enhance safety and data-driven performance. FOUNDER: RJ Scaringe AMOUNT: $1,250,000,000 HQ: Irvine, California #VentureCapital #RivianAutomotiveInc #UberTechnologiesInc #TradedVC

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Price.com And Grifin Collaborate To Connect Cashback And Investing For MembersPrice.com and Grifin have partnered to connect cashback with investing, allowing users to automatically invest the cashback they earn into stocks of the brands they already shop from. Under the partnership, Price.com Pro and Grifin members receive each other’s premium memberships at no additional cost (a value of over $100/year each). ✅ Unlimited cashback and savings at 100,000+ stores with Price.com ✅ Transfer your cashback into Grifin and invest in thousands of public companies starting with as little as $1 ✅ Enjoy additional exclusive member benefits and offers across both platforms Cashback earned through Price.com can be transferred into Grifin accounts and used to purchase stocks starting at $1, with users retaining full control over their investment choices. The collaboration aims to bridge saving and investing by turning everyday purchases into opportunities for stock ownership. FOUNDERS: Price.com: RJ Jain (Founder & CEO) Grifin: Aaron Froug & Bo Starr HQ: Price.com: Los Angeles, California Grifin: Tampa, Florida #Fintech #AI #Investing #Pricecom #TradedVC

Singularity Secures $80 Million Series A Funding At $400 Million ValuationSingularity, a Los Angeles-based defense technology company, has launched with an $80 million Series A funding round at a $400 million valuation. The financing was led by Khosla Ventures and Felicis, with participation from AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, and several prominent leaders from industry, the military, and Congress. Led by Co-Founder and CEO Jack Oswald and COO Shail Giroux, Singularity is focused on deploying counter-weapons at the scale, speed, and cost required by modern defense needs. Its manufacturing team, which includes talent from Tesla and Toyota, is developing an automotive-inspired assembly line designed to rapidly scale production beyond that of comparable U.S. systems. FOUNDERS: Jack Oswald & Shail Giroux INVESTORS: Khosla Ventures, Felicis, AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, General (Ret.) James McConville, General Jim Dickinson, Major General (Ret.) Volodymyr Havrylov. ROUND: Series A AMOUNT: $80,000,000 VALUATION: $400,000,000 HQ: Los Angeles, California #VentureCapital #Singularity #JackOswald #ShailGiroux #TradedVC