Rivian Spinoff Also Inc. Hits $1 Billion Valuation After Raising $200 Million: Report - Rivian Automotive (NASDAQ:RIVN)

Rivian-backed EV startup Also valued at $1 billion after Greenoaks ...

Rivian Spinoff Also Inc. Hits $1 Billion Valuation After Raising $200 Million: Report - Rivian Automotive (NASDAQ:RIVN)

Micromobility company Also Inc. raised $200M in funding, bringing post-money valuation to $1B. Rivian expanding partnership with Volkswagen.

Rivian spinoff Also raises another $200M to build e-bikes and more

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

Rivian-Backed Also Hits Unicorn Status With $200M Raise

A Rivian-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.

Rivian's Tiny EV Spinoff Is Already Worth $1 Billion Before Selling A Single Product

Rivian spun off Also Inc to focus on micromobility and compact electric vehicles. Also will develop e-bikes and small three- and four-wheel EVs for urban areas. Greenoaks Capital invested $200 million, raising Also’s valuation to $1 billion. Rivian has stood out among EV startups over the past decade, with its R1T and R1S showing that electric trucks and SUVs can match their gas-powered rivals in speed, capability, and comfort. Now, as it prepar…

Rivian’s Micromobility Startup Also Reaches $1 Billion Valuation

Also, a micromobility company linked to Irvine-based electric vehicle maker Rivian, has reached a valuation of $1 billion, Bloomberg reported on Tuesday, citing people familiar with the matter. The post-money valuation figures come after San Francisco-based Greenoaks Capital invested $200 million into the business. The Irvine-based EV maker, led by CEO RJ Scaringe, revealed in late March that it has been developing fully electric lightweight veh…