Also Raises $150 Million in Series D Funding for Autonomous Vehicle Development
Micromobility startup Also has raised an additional $150 million in a Series D funding round led by Prysm Capital, bringing its total capital to $455 million since inception less than two years ago. The new funds will accelerate the development of autonomous driving technology and expand into multiple vehicle form factors using the same electric architecture as its consumer bikes and delivery quads. The company is leveraging a vertically integrated approach similar to Rivian, where it originated before spinning out in 2025 with $150 million. Also has also secured a multi-year commercial agreement with DoorDash for autonomous delivery vehicles following an earlier $200 million round led by Greenoaks last year. Despite its focus on autonomy, Also began as a skunkworks project within Rivian and still maintains ties to the automaker through minority ownership and board representation. The company recently started shipping its first consumer electric bike models after delays.
Topics: autonomous vehicles electric bikes micromobility startup funding