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Prysm Capital leads ALSO Series D financing round of $150 million

PUBT·08/19/2026 19:29:19
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Prysm Capital leads ALSO Series D financing round of $150 million
  • Prysm Capital led ALSO’s USD 150 million Series D, backing the Rivian spinout developing electric micromobility vehicles for logistics.
  • ALSO was incubated inside Rivian, then spun out in March 2025 to build e-bikes and pedal-assist cargo quads for short urban trips.
  • Prysm also invested in Mind Robotics, a Rivian spinout building AI-powered industrial robots, across a USD 500 million Series A and USD 400 million Series A-1.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prysm Capital LP published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.