Yamaha Motor, an automotive company led a $40m Series B round in River, with participation from Al-Futtaim Group, Lowercarbon Capital, Toyota Ventures and Maniv Mobility, an electric vehicle startup. "The investment is a significant boost for our plan to build a Billion dollar global utility-lifestyle brand by 2030. We have built a great base in R&D and manufacturing over the last two years and now, it's time to grow," Aravind Mani, River Co-founder and CEO.