Rivian's Also spinout raises $150M for autonomous micromobility

Also, the micromobility company Rivian CEO RJ Scaringe spun out in 2025, closed a $150 million Series D on August 19 led by Prysm Capital with Eclipse, Greenoaks and MVP Ventures participating, bringing its total funding to about $455 million. The capital funds autonomous-driving development across small-vehicle formats beyond its e-bikes and cargo quads, extending into autonomous delivery vehicles.