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Rivian spinout Also raises another $150 million

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CitrixNews Staff
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Rivian spinout Also raises another $150 million

Also has raised another $150 million as the micromobility startup that spun out of Rivian last year expands its business beyond pedal-assist electric bikes and commercial cargo quads to autonomous delivery vehicles.

The Series D round was led by Prysm Capital and included existing backers Eclipse, Greenoaks, and MVP Ventures. Also has raised $455 million since its founding less than two years ago.

Originally reported by TechCrunch. Read the full story at the original source.