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Prysm Capital leads ALSO Series D financing round of $150 million - RIVN News | Rallies

Prysm Capital leads ALSO Series D financing round of $150 million

RIVN•2026-08-19

Prysm Capital leads ALSO’s $150 million Series D

Prysm Capital led ALSO’s USD 150 million Series D, backing the Rivian spinout developing electric micromobility vehicles for logistics.
ALSO was incubated inside Rivian, then spun out in March 2025 to build e-bikes and pedal-assist cargo quads for short urban trips.
Prysm also invested in Mind Robotics, a Rivian spinout building AI-powered industrial robots, across a USD 500 million Series A and USD 400 million Series A-1.

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Prysm Capital leads ALSO Series D financing round of $150 million

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