Also, a Palo Alto, CA-based new electric micromobility company, raised $105m in funding.
Eclipse made the investment.
A spinout from Rivian, Also has developed a full technology stack to underpin a range of small electric vehicle platforms for consumers and businesses worldwide. The company is developing a portfolio of electrified products across the micromobility space to address the diverse needs of both consumer and commercial transportation markets spanning a range of use cases, price points and geographies.
Also’s flagship product is expected to launch in 2026 for consumers in the U.S. and Europe, followed by products tailored for both consumer and commercial use in Asia and South America.
FinSMEs
26/03/2025