Rivian Spinoff Also Inc. Raises $200M for Micro-EV Expansion

Also Inc., a Rivian spinoff, secures $200M to build e-bikes and micro-EVs, eyeing a $1B valuation and innovative design partnerships.

Matilda

Rivian Spinoff Also Inc. Raises $200M for Micro-EV Expansion

Rivian Spinoff Also Inc. Raises $200M to Build e-Bikes and Micro-EVs Rivian spinoff Also Inc. is gaining serious traction in the micromobility space. The startup, which officially spun off from electric vehicle maker Rivian earlier this year, has raised a fresh $200 million in funding led by Greenoaks Capital. This latest investment boosts Also Inc.'s post-money valuation to a staggering $1 billion, highlighting investor confidence in the company’s vision of revolutionizing urban transportation with e-bikes and compact electric vehicles. For those searching for what Rivian’s spinoff is up to and whether it's worth watching, this post offers a full update on its rapid rise, plans for e-mobility innovation, and how it’s reshaping the future of city transport. Image : Google How Rivian Spinoff Also Inc. Came to Life Also Inc. didn’t appear out of nowhere. The company began as an internal project at Rivian in 2022, codenamed Project Inder. This skunkworks team quietly worked behind th…

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