Also Inc., the micromobility startup spun out of Rivian earlier this year, has raised $200 million from Greenoaks Capital, according to a new report from Bloomberg News…
Now established as its own company, Also plans to make micro-EVs of all shapes and sizes, and is supposed to reveal the first designs at some point later this year.
A large scale of embezzlement maybe. The guy behind Rivian has a history of founding EV companies that vanish VC money.