ALSO
About
About ALSO
ALSO is an independent small-EV company spun out of Rivian in 2025. It develops a common vehicle architecture for compact mobility products moving people and goods, combining in-house electronics, batteries, software, sensing and autonomy. The current portfolio includes the TM-B e-bike and TM-Q four-wheel delivery quad, with engineering and operations in Palo Alto, Seattle and Taichung.
Its commercial roadmap extends that architecture into autonomous urban vehicles. A multi-year DoorDash agreement covers joint development and scaled deployment of autonomous delivery formats. ALSO closed a $150 million Series D in August 2026 to develop several autonomous form factors for goods and people.
Funding
- 2026-08-19 - Series D - $150M - ALSO closes $150M Series D led by Prysm Capital
ALSO closed a $150 million Series D led by Prysm Capital to accelerate its autonomous small-vehicle platform. - source: ridealso.com
- 2026-03-31 - Series C - $200M - ALSO closes $200M Series C alongside DoorDash partnership
ALSO closed a $200 million Series C led by Greenoaks, with Prysm Capital and a strategic investment from DoorDash. - source: ridealso.com
- 2025-03-26 - Initial outside financing - $105M - ALSO raises $105M in outside funding
ALSO raised $105 million in outside funding from Eclipse, Rivian and Greenoaks as it became an independent small-electric-vehicle company. - source: prnewswire.com
Investors
- Eclipse Capital - Participant - VC - 1 funding event - first seen 2026-08-19
- Greenoaks - Participant - Unknown - 1 funding event - first seen 2026-08-19
- MVP Ventures - Participant - VC - 1 funding event - first seen 2026-08-19
- Prysm Capital - Lead - VC - 1 funding event - first seen 2026-08-19
Team
- Chris Yu - Co-founder and President - Co-founded ALSO and leads its small-EV and autonomous-delivery strategy.
Timeline
Events
- 2026-08-19 - Funding - ALSO closes $150M Series D led by Prysm Capital
Prysm Capital led the $150 million Series D. Eclipse Capital, Greenoaks and MVP Ventures participated. The capital supports multiple autonomous vehicle form factors for moving goods and people.
Source - 2026-03-31 - Funding - ALSO closes $200M Series C alongside DoorDash partnership
Greenoaks led the $200 million Series C. Prysm Capital participated and DoorDash made a strategic investment. The financing accompanied a multi-year agreement to develop and deploy autonomous delivery vehicles.
Source - 2025-03-26 - Funding - ALSO raises $105M in outside funding
ALSO originated in a Rivian incubation programme before becoming a separate company. Eclipse led the outside financing, with participation from Rivian and Greenoaks. The capital supports a vertically integrated platform for small electric vehicles.
Source
Relations
Relationships
- DoorDash
Partner - ALSO and DoorDash are jointly developing small autonomous electric vehicles for last-mile delivery under a multi-year collaboration.
Context
Shared workflows
- DoorDash
workflow adjacency - Autonomous Delivery Vehicle Builder · Last Mile Delivery
- Zelostech
workflow adjacency - Autonomous Delivery Vehicle Builder
- Cainiao
workflow adjacency - Last Mile Delivery · Low Speed Autonomous Delivery
- Nippybot
workflow adjacency - Low Speed Autonomous Delivery
- Loxo
workflow adjacency - Autonomous Delivery Vehicle Builder · Low Speed Autonomous Delivery
- Serve Robotics
workflow adjacency - Last Mile Delivery
- RIVR
workflow adjacency - Last Mile Delivery
- Airbound
workflow adjacency - Last Mile Delivery
- Wing Aviation
workflow adjacency - Last Mile Delivery
- Woowa Brothers
workflow adjacency - Last Mile Delivery
- MOBINN
workflow adjacency - Last Mile Delivery
- talabat
workflow adjacency - Last Mile Delivery
- QuikBot
workflow adjacency - Last Mile Delivery
- Rakuten Group
workflow adjacency - Last Mile Delivery
- SF Intra-city
workflow adjacency - Last Mile Delivery
Context tags
- Autonomous delivery vehicle builder - Workflow - https://ridealso.com/blogs/all/also-partners-with-doordash-to-accelerate-autonomous-delivery — current evidence supports this bounded profile context.
- Low-speed autonomous delivery - Workflow - https://ridealso.com/blogs/all/also-partners-with-doordash-to-accelerate-autonomous-delivery — current evidence supports this bounded profile context.
- Last-mile delivery - Workflow - https://ridealso.com/blogs/all/also-partners-with-doordash-to-accelerate-autonomous-delivery — current evidence supports this bounded profile context.