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0.000336587007741554 0.00168293503870753 -0.000673174015482988 0.00134634803096598 -0.012117132278694 -0.00336587007741494 0.00538539212386402 0.0131268933019186
Stock impact report

Rivian spinoff Also will build autonomous delivery vehicles for DoorDash [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
year , will work with DoorDash to develop autonomous delivery vehicles, the companies announced Tuesday. As part of the deal, DoorDash took part in Also's $200 million Series C funding round, which was led by previous investor Greenoaks Capital . DoorDash is getting a seat on Also's board of directors, too. The raise brings Also's total funding to $505 million, and puts its valuation above $1 billion. The startup got off the ground with a $105 million investment from Eclipse , which is also backing Mind Robotics — an external industrial AI company that Rivian created late last year Also began as a skunkworks project inside Rivian in 2022 . The EV-maker initially set out to build an electric bike, and even collaborated with Jony Ive's design firm LoveFrom, as TechCrunch first reported last year . Also's first product is a high-end, funky-looking e-bike , but it has also shown off designs for small, pedal-assist delivery vehicles. Amazon — which is a major investor in, and partn Show less Read more
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