The e-bike and scooter market is booming, and Rivian clearly sees the potential. Whether Also will go head-to-head with brands like VanMoof, Bird, or Lime—or carve out its own niche—remains to ...

Eclipse Ventures, a venture capital firm, invested $105 million into Also in parallel with the spinoff. Rivian will be a minority shareholder in the micromobility company.

Rivian spins out secret e-bike lab into a new company called Also The deal includes $105 million from VC firm Eclipse. by Andrew J. Hawkins ... Mar 26, 2025, 9:13 AM PDT Image: Cath Virginia / The ...

Ever since the R1T debuted in 2021, Rivian owners have not had a proper winch solution for their adventure EVs.

Also, Inc., the tech mobility spin-off associated with electric truck maker Rivian, has secured a “significant investment” from Greenoaks Capital Partners, valuing the company at $1 billion. The ...

In 2023, he told staff Rivian was developing an electric bike, Bloomberg reported. Rivian said it has a “substantial minority ownership stake” in Also, which will be based in Palo Alto.

LoveFrom, the creative firm founded by former Apple chief designer Jony Ive, played a role in the development of Rivian’s first electric bike, according to multiple sources who spoke to TechCrunch.

Rivian introduced a few cool new features in its latest software update, including hands-free driving through its new ADAS, Enhanced Highway Assist. But that’s not all.