Kurt Schlosser, GeekWire

As it waits on its order of tens of thousands of delivery vans, Amazon revealed Friday that it has a 20% stake in Rivian, the electric vehicle maker that it's been heavily investing in since 2019.

In a new SEC filing, the tech giant disclosed an equity interest in the startup, which is part of its overall equity investments carrying value of $3.8 billion, up from $2.7 billion at the end of 2020.

As of December 31, 2020 and September 30, 2021, equity investments not accounted for under the equity-method and without readily determinable fair values, including preferred stock of Rivian Automotive, Inc. representing an approximately 20% ownership interest, had a carrying value of $2.7 billion and $3.8 billion, and are recorded within "Other assets" on our consolidated balance sheets with adjustments recognized in "Other income (expense), net" on our consolidated statements of operations.

Amazon has backed Rivian through its Climate Pledge Fund, which is aimed at investing in companies that accelerate Amazon's pledge to be net zero carbon across its businesses by 2040. Amazon was among lead investors in a $2.5 billion financing round in Rivian in July and previously backed Rivian in 2019 in rounds of $700 million and $1.3 billion.

Founded in 2009, Rivian has raised about $10.5 billion to date. It announced plans this summer to go public at a reported valuation of $80 billion.

Amazon ordered 100,000 electric delivery vans through Rivian and said last October that it hoped to have 10,000 of them on the road as early as 2022.

The EV maker has begun production and delivery of its R1T all-electric pickup truck and will launch the R1S sport utility vehicle in December.

This story first appeared on GeekWire.

Amazon said Monday that it is adding 150,000 seasonal jobs to bolster the ranks of its operations network during the busy holiday season.

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Aaron Hirschhorn, a well-known investor and entrepreneur in the Los Angeles tech scene who founded the pet sitting startup DogVacay died Sunday in a boating accident near Miami Beach, Fla. He was 42.

Hirschhorn started DogVacay with his wife Karine Nissim in 2012. The Santa Monica, Calif.-based company raised nearly $50 million and was a leading competitor in the pet services industry before being acquired by Rover in 2017.

Hirschhorn moved from Los Angeles to Miami Beach about three years ago, according to the Miami Herald.

Hirschhorn held a seat on Rover's board for a year. A month ago on LinkedIn, he called news of Rover's plans to go public via a SPAC deal "an amazing day."

"All of us at Rover were saddened to learn of Aaron's sudden passing. Our thoughts are with his family, friends, and colleagues during this painful time," Rover said in a statement provided to GeekWire on Wednesday. "His love of animals and commitment to pet parents was exemplified in his founding and leadership of DogVacay and Gallant, but his vision for what was possible in the pet industry went well beyond what he already had accomplished."

In 2018 Hirschhorn founded another pet-focused startup called Gallant, which stores dog stem cells so that they're accessible for future treatments.

The Miami Herald reported that the Florida Fish and Wildlife Conservation Commission and the U.S. Coast Guard reported a crash on Sunday between a 38-foot Chris-Craft motorboat and a personal watercraft.

Hirschhorn was reportedly riding his electric foil surfboard and died at the scene. In an Instagram post on Monday, his wife wrote: "My beloved husband of ten years died yesterday in an accident. We are broken and will never be the same."

Hirschhorn's Instagram shows numerous family images and scenes from his active lifestyle. "I play sports and get hurt a lot," his profile description reads.

The photo feed also illustrates his love for dogs.

After the Rover acquisition, Hirschhorn called the growing of DogVacay "an incredible journey."

"Our goal has always been to make quality pet care accessible to everyone, and with Rover and DogVacay's experience and expertise, we will continue to create the best solution for our host community, our pet parents and most importantly, our pets that we love as family," he said at the time.

According to the Gallant website, Hirschhorn founded that company "after experiencing the power of regenerative medicine for himself" when he underwent a single stem cell treatment "to heal a debilitating back injury."

Hirschhorn pitched Gallant in a 2019 episode of the ABC TV series "Shark Tank" and snagged an investment from Lori Greiner and Anne Wojcicki, co-founder and CEO of 23andMe.

The Miami Herald reported that Hirschhorn is survived by his wife and their three young children: a daughter in kindergarten, a son in first grade and a son in second grade.

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