Rivian spinout Also secured $150 million in a Series D funding round led by Prysm Capital. This capital follows a previous $200 million Series C round.
The company will use the funds to accelerate its autonomous vehicle platform for urban goods and passengers. This initiative expands the product line beyond existing electric bikes and commercial delivery quads.
Also maintains commercial agreements with partners such as DoorDash. These partnerships aim to deploy autonomous last-mile delivery vehicles at scale.