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Rivian spinout Also raises another $150M

TechCrunch • Wed, 19 Aug 2026

Rivian spinout Also raises another $150M

The round, led by Prysm Capital, will fund the company's expansion beyond pedal-assist electric bikes and commercial cargo quads to autonomous delivery vehicles.

What happened?

The round, led by Prysm Capital, will fund the company's expansion beyond pedal-assist electric bikes and commercial cargo quads to autonomous delivery vehicles.

Story details

The round, led by Prysm Capital, will fund the company's expansion beyond pedal-assist electric bikes and commercial cargo quads to autonomous delivery vehicles.

Why it matters

This story helps build a stronger internal English tech archive around Technology, giving search visitors more reasons to keep browsing the site instead of bouncing after a single headline.

Original source

https://techcrunch.com/2026/08/19/rivian-spinout-also-raises-another-150-million/