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Rivian spinoff Also raises additional $150M in Series D

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RIVN
RIVN Rivian Automotive Inc
$15.73 +6.43%
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  1. 1Also, a micromobility startup spun off from Rivian, has raised an additional $150 million
  2. 2The Series D was led by Prism Capital, with participation from Eclipse, Green Oaks, and MVP Ventures, bringing total funding to $455 million
  3. 3The new capital will be used to accelerate autonomous driving technology and the development of multiple autonomous form factors, as the business expands into autonomous delivery vehicles

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