Also, Inc., the tech mobility spin-off associated with electric truck maker Rivian, has secured a “significant investment” from Greenoaks Capital Partners, valuing the company at $1 billion. The ...

Now established as its own company, Also plans to make micro-EVs of all shapes and sizes and is supposed to reveal the first ...

Greenoaks Capital invested $200 million, raising Also’s valuation to $1 billion.

Also Inc., the e-bike spin-off from EV maker Rivian, has, this past week, become a $1 billion valued company, with the ...

Also Inc., a micromobility company spun off from Rivian Automotive Inc. RIVN, has raised $200 million in funding, taking its ...

A Rivian Automotive Inc.-backed startup developing small electric vehicles was valued at $1 billion in a new investment from ...

Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive RIVN.O with $105 million in Series B funding from venture capital firm Eclipse and ...

Rivian might make an e-bike, but it wouldn’t be the first automaker to contemplate diving into the world of micromobility. Do people want to buy a bike that shares its brand with trucks and SUVs?

Rivian has a lot on their plate, but that hasn’t stopped them from creating a new spin off.Known as Also Inc, the micromobility business will be focused on “small, lightweight vehicles that ...

Spinoff starts with $105 million VC investment, Rivian maintains “substantial minority stake” Products to be affordable, vastly more efficient than today's cars or SUVs In-house-built for core ...

Rivian spin-off Also reveals it will make lightweight electric vehicles. By Akash Sriram. March 26, 2025 1:17 PM UTC Updated March 26, 2025 A sign directing towards electric vehicle ...

Rivian declined to comment on the patent application. An e-bike would be a nifty addition to the Rivian range, assuming an R1T or R1S could haul it around, charge it and the two would work in ...