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ALSO has announced a $150 million Series D financing round to support its growth initiatives.

PRIVATEAug 19, 2026•about 6 hours ago

Amount Raised

$150 Million

Round Type

Series D

Palo AltoManufacturingAutomotive

Description

ALSO has successfully secured $150 million in Series D funding. This financing will be utilized to enhance its product offerings and expand market reach. The investment highlights investor confidence in ALSO's growth strategy. Details on the participating investors will be shared soon.

Company Information

Company

Also

Location

Palo Alto, California, United States

About

Also is a micromobility startup spun off from Rivian Automotive, focusing on lightweight electric vehicles. The company will offer small, electrically powered vehicles targeted at various price points and geographies. As demand for sustainable transportation grows, Also aims to address congestion, affordability, and emissions through innovative solutions. The company plans to unveil its products later this year, with a flagship product expected in 2026.

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