Electric Vehicle Manufacturer Rivian Unveils New Micromobility Startup Called ‘Also’, Fuelled with a Whopping $105M Investment

Groundbreaking electric vehicle manufacturer, Rivian, has taken a leap beyond traditional EV market, diversifying its portfolio by backing a new micromobility startup named ‘Also’. The offshoot has recently made headlines after securing a significant investment to the tune of $105 million. This venture is yet another testament to the expanding scope of micromobility and emerging transportation technologies.

The funding round for Also, led by Rivian, underscores the increasing focus and investment in the realm of alternative, compact modes of transportation. By reimagining the ways we navigate through urban landscapes, Also aims to provide a diverse range of mobility solutions to address the increasing complications and demands of 21st-century transportation.

Pulling the curtains off their quite literally ‘big spin-off’, Rivian has once again verified its commitment towards supporting groundbreaking innovations. Backing Also, Rivian doesn’t just mark a firm step into the micromobility arena, it reaffirms their unwavering dedication to promoting climate-positive initiatives. Their successful diversification serves as an imperative example that large-scale investment in innovative start-ups can, indeed, drive meaningful, sustainable change in our quest for a cleaner, greener world.