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Benzinga
Benzinga
Business
Badar Shaikh

UNCOVERED: Rivian spinoff also inc hits 1 billion valuation after raising 200 million report - The Untold Story

Rivian Rivian Automotive Inc RIVN
Rivian

Also Inc., a micromobility company spun off from Rivian Automotive Inc. (NASDAQ:RIVN), has raised $200 million in funding, taking its post-money valuation to over $1 billion.

What Happened: The company raised $200 million through funding from Greenoaks Capital, according to a Bloomberg report on Tuesday.

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