Disrupt Startup Also Raises $455M for Autonomous Delivery Vehicles

Electric micromobility startup Also has raised another $150 million as it expands its business to include autonomous delivery vehicles.

Autonomous Delivery Vehicles in the Works

The Series D round was led

'We backed Rivian early because we saw the potential behind wonderfully designed, vertically integrated electric trucks, vans, and SUVs,' said Prysm Capital co-founder Jay Park, adding that Also is applying the same approach to smaller-form-factor vehicles.

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New Funding to Enhance Autonomous Tech

The fresh funding comes a few months since Also raised $200 million in a round led

Last October, Also revealed its first products, a $4,500 two-wheeler called the TM-B and two quad vehicles as well, one of which will be supplied to Amazon.

Challenges Ahead for Disrupt Startup

Also has struggled to get its e-bike into customers' hands and its launch edition was delayed for months. The firm is now commencing distribution of its inaugural Launch edition to clients, concurrently introducing access to pre-order and customization options for both high-performance and base variants.