Rivian spinout Also raises another $150M — Live Feedhttps://www.live-feeds.com/feed/rivian-spinout-also-raises-another-150mContinuously updated, source-cited coverage. Rivian spinout Also raises $150 million for autonomous vehicle pushhttps://www.live-feeds.com/feed/rivian-spinout-also-raises-another-150mhttps://www.live-feeds.com/feed/rivian-spinout-also-raises-another-150m#u45825Fri, 21 Aug 2026 08:30:19 +0000Micromobility startup Also has closed a $150 million Series D financing round to develop autonomous small electric vehicles. The funding brings the company to a $1 billion valuation. Also intends to use the capital to transition its e-bike platform toward autonomy and expand its reach into autonomous delivery vehicles. This investment coincides with the company's upcoming launch of e-bikes in the European market.Why it mattersAlso is a spinoff from the electric vehicle manufacturer Rivian. The company currently offers an e-bike priced at $3,500. Its strategy involves using small-scale mob