Also, the micromobility startup born from Rivian, just landed $150 million to accelerate its autonomous driving tech and vehicle lineup—all built on its electric platform for bikes and cargo quads. Led by Prysm Capital with backing from Eclipse and Greenoaks, the company now boasts $455 million raised since spinning out less than two years ago. CEO RJ Scaringe, Rivian’s founder, envisions a vertically integrated future for small autonomous vehicles, echoing Prysm’s early bet on Rivian’s trucks. This follows a $200 million round that brought DoorDash on board for autonomous delivery partnerships. Though it began as a Rivian side project, Also remains connected, with Rivian holding a minority stake and offering ongoing support as it scales.
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