D1 Capital Invests in Rivian Automotive

Paul, Weiss advised D1 Capital in its investment in Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co. that aims to put an electric pickup and SUV in production in 2021. The investment was part of a new $2.65 billion funding round. Terms of the transaction were not disclosed.

The Paul, Weiss team included corporate partners Ted Ackerman and Raphael Russo, and counsel Nathan Sawyer; and tax partner David Mayo.