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Rivian raises $2.65B as it pushes toward production of its electric pickup

TechCrunch

New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company and Baron Capital Group along with existing shareholders Amazon and BlackRock joined the round. Rivian’s factory in Normal, Illinois. The company has put more than $1 billion into its factory in Normal, Illinois.

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From dorm rooms to board rooms: How universities are promoting entrepreneurship

TechCrunch

Working in concert, Brown, Caltech, Columbia, Cornell, Harvard, the University of Illinois, Michigan, Northwestern, Penn, Princeton, SUNY Binghamton, UC Berkeley, UCLA, the University of Southern California and Yale formed The University Technology Licensing Program LLC (UTLP) to create a centralized pool of licensable IP.