Rivian spinout Also raises another $150 million

Also raises $150m to take its e-bike platform autonomous

Also, the micromobility startup that spun out of Rivian last year, has raised $150 million in a Series D round. The round values it above $1 billion. The company told Fortune the money will go towards its real ambition, which is not e-bikes but small autonomous vehicles. Prysm Capital led the round, according to TechCrunch. […] This story continues at The Next Web

Rivian spinout Also raises another $150 million

The round, led by Prysm Capital, will fund the company's expansion beyond pedal-assist electric bikes and commercial cargo quads to autonomous delivery vehicles.

Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation

The Rivian spinoff just raised $150 million to build autonomous vehicles for moving people and packages—not just pedalers.

Also Raises $150 Million to Expand Autonomous Small Electric Vehicles

Also has raised $150 million in a Series D round as the Rivian spinout expands beyond electric bikes and commercial cargo quads into autonomous vehicles. The latest financing brings the Palo Alto-based company’s total funding to $455 million less than two years after its founding. Prysm Capital led the round, with existing investors Eclipse, Greenoaks, and MVP Ventures also participating. According to the company’s funding announcement, the capi…

Also raises $150M to turn Rivian’s $3,500 e-bike into a billion-dollar autonomous vehicle play

Also secured $150 million in its Series D funding, led by Prysm Capital, which has taken its valuation above $1 billion. Using the funds it has received, the Rivian spinout intends to develop autonomous small electric vehicles together with its e-bikes. This is Also’s third funding round in less than 18 months, bringing its total funding to approximately $455 million. Also, a Palo Alto-based startup has just completed a $150 million Series D fin…

ALSO Raises $150M to Accelerate Autonomous Small EVs

ALSO Raises $150M for Autonomous Mobility ALSO has raised $150 million in Series D funding to accelerate its electric mobility platform. Prysm Capital led the round with participation from Eclipse, Greenoaks and MVP Ventures. The financing brings ALSO’s total funding to $350 million. The company will use the capital to accelerate autonomous vehicle development. It [...]