What is Also?
Founded in 2025, Also, Inc. is carving a distinct niche within the electric micromobility industry. The company is currently developing a comprehensive ecosystem of electric vehicles, including e-bikes and microcars, supported by an in-house technology platform that encompasses motor design, battery management, and advanced software integration. Unlike competitors relying on off-the-shelf components, Also, Inc. aims to deliver a vertically integrated user experience that optimizes performance and efficiency. With a strategic focus on both consumer and commercial sectors, the company is preparing for a dual-market entry across the United States and Europe in early 2026, leveraging its unique technological architecture to address the growing demand for sustainable, efficient urban transit.
How much funding has Also raised?
Also has raised a total of $305M across 2 funding rounds:
Other Financing Round
$105M
Series C
$200M
Other Financing Round (2025): $105M with participation from Eclipse Ventures
Series C (2026): $200M led by Greenoaks, Prysm Capital, and DoorDash
Key Investors in Also
Greenoaks
Greenoaks Ltd is a premier UK supplier of high-quality pallet racking, mobile shelving, and mezzanine floors, providing customizable storage solutions for industrial and commercial applications.
Prysm Capital
Prysm Capital is a flexible source of growth capital and partnership for disruptive teams, focusing on technology and consumer sectors with a commitment to long-term value creation.
DoorDash
DoorDash, Inc. operates a global commerce platform connecting merchants, consumers, and independent contractors, providing extensive services in order fulfillment, demand generation, and payment processing.
What's next for Also?
With the successful closure of this Series C round, Also, Inc. is well-positioned to transition from the research and development phase into full-scale commercialization. The strategic infusion of capital will likely be directed toward finalizing the manufacturing supply chain, scaling production capacity for its upcoming flagship launch, and establishing robust distribution networks in its target U.S. and European markets. Furthermore, the involvement of high-profile strategic partners suggests a focus on long-term market penetration and the potential for future integration into existing logistics and delivery ecosystems. As the company approaches its 2026 launch window, the focus will shift toward achieving operational excellence and proving the unit economics of its proprietary vehicle platform in real-world, high-density urban environments.
See full Also company page
