Also, the micromobility startup that spun out of Rivian this year, was raised $200 million from Greenoaks Capital.

The e-bike and scooter market is booming, and Rivian clearly sees the potential. Whether Also will go head-to-head with brands like VanMoof, Bird, or Lime—or carve out its own niche—remains to ...

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

In fact, in 2023, news broke of a Rivian e-bike in the works at Rivian, although it was unclear if it would be something with pedals or more like an electric motorcycle. Things are still rather vague.

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

Rivian’s Tiny EV Spinoff Is Already Worth $1 Billion Before Selling A Single Product. Before launching Also Inc, Rivian had already been developing an e-bike in-house ...

Rivian's new micromobility spin-off is potentially a great ... especially with a young generation of city-dwellers and suburbanites who are far more like to own an e-bike or electric scooter ...

Rivian spins off stealth micromobility business unit dubbed Also, Inc., with the company promising "small, lightweight vehicles." The EV maker is expected to enter the e-bike industry for private ...

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 ...

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 ...