Rivian spinoff Also will build autonomous delivery vehicles for DoorDash [TechCrunch]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: TechCrunch
As part of the deal, DoorDash took part in Also's $200 million Series C funding round, which was led by previous investor . 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 , which is also backing Mind Robotics — an external industrial AI company that Rivian Also began as a . The EV-maker initially set out to build an electric bike, and even collaborated with Jony Ive's design firm LoveFrom, as . Also's first product is , but it has also shown off designs for small, pedal-assist delivery vehicles. Amazon — which is a major investor in, and partner with Rivian — placed an order for thousands of these delivery vehicles late last year. Also has said these can carry more than 400 pounds of packages while still being small enough to fit in a bike lane. The DoorDash deal is the first indication that Also will
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RIVN
News
- Rivian's E-Bike Spinoff Will Make Autonomous Delivery Bots For Bike Lanes [Yahoo! Finance]Yahoo! Finance
- Rivian spinoff Also valued at $1 billion with DoorDash partnership [Yahoo! Finance Canada]Yahoo! Finance Canada
- Here are the 5 safest large SUVs for families in 2026 [USA TODAY]USA TODAY
- Rivian spinoff Also will build autonomous delivery vehicles for DoorDash [Yahoo! Finance]Yahoo! Finance
- Rivian and Lucid can operate like Tesla after new legislative win [Yahoo! Finance]Yahoo! Finance
RIVN
Earnings
- 2/12/26 - Miss
RIVN
Sec Filings
- 3/31/26 - Form 144
- 3/27/26 - Form SCHEDULE
- 3/24/26 - Form 4
- RIVN's page on the SEC website