Also Inc., a small electric vehicle maker that emerged from Rivian Automotive, announced a $150 million Series D funding round aimed at speeding up the development of autonomous driving technology across its compact EV lineup. This capital injection builds on the company's mission to tackle urban mobility challenges with innovative, efficient transportation solutions.
- Raised $150 million in Series D to boost autonomous vehicle development
- Built for urban centers, focusing on small EVs for personal and commercial use
- Key partnerships include Amazon and DoorDash for delivery-focused quads
What happened
Also Inc., a Rivian spinout established as an independent firm in March 2025, secured $150 million in new capital during its Series D financing round. The funding is intended to accelerate the company’s development of autonomous driving capabilities across several small electric vehicle models built on its proprietary electric architecture. These vehicles range from pedal-assist two-wheelers to four-wheeled cargo quads designed for bike lane usage.
The company’s strategy is supported by initial commercial agreements, including a substantial order from Amazon for customized electric quads and a multiyear collaboration with DoorDash to develop autonomous delivery vehicles. These deals indicate strong market interest in Also's innovative approach to small-form-factor EVs tailored for congested urban and suburban environments.
Why it matters
Urban congestion and high trip costs remain pressing issues in transportation, regardless of whether vehicles are human-driven or autonomous. Also’s focus on small, well-designed electric vehicles addresses these challenges by offering flexible, space-efficient alternatives suited for densely populated areas. This aligns with growing global demand for sustainable and efficient mobility solutions that can adapt to evolving city infrastructure.
The advancement toward autonomous capabilities in these compact vehicles also supports the expansion of last-mile delivery solutions, a sector poised for rapid growth fueled by e-commerce. By combining lightweight electric vehicles with self-driving technology, Also is positioning itself to become a key player in reshaping urban logistics and personal micro-mobility.
What to watch next
Additionally, geographic expansion beyond initial U.S. and European markets into Asia and South America will be an important growth factor. The company’s pricing strategies, including upcoming lower-cost models like the TM-B two-wheeler, will determine consumer adoption rates. Meanwhile, the broader competitive landscape in the small autonomous EV niche remains dynamic, with Also’s innovations likely to influence industry standards and urban mobility trends.