All posts tagged: Scaringe

RJ Scaringe has raised more than billion across three startups and investors still want more

RJ Scaringe has raised more than $12 billion across three startups and investors still want more

Published by skeptic

Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur best known for his EV company Rivian, has raised more than $12.3 billion from venture capital firms, as well as strategic and institutional investors for his three — and counting — startups. If the latest $400 million raise for his new venture Mind Robotics is an indicator, investors are still happily piling in. Outsized raises for newly minted startups have become more common in recent years. But those hundred-million-plus seed rounds have generally been reserved for buzzy defense tech startups or AI companies founded by former OpenAI or Anthropic employees. Those supersized seeds certainly weren’t flowing toward something as niche as an electric micromobility startup. And yet in 2025, Scaringe raised $105 million for exactly that — a startup called Also, which he founded that same year. The total has since surpassed $300 million, with DoorDash among its backers. Jiten Behl, partner at Eclipse and former chief growth officer at Rivian, has spent years watching …

Rivian’s RJ Scaringe thinks we’re doing robots all wrong

Rivian’s RJ Scaringe thinks we’re doing robots all wrong

Published by skeptic

If you haven’t heard, Rivian founder and CEO RJ Scaringe has another company — his third by our count. And this time it’s focused on robotics. The serial entrepreneur is best known for Rivian, the buzzy EV maker that was thrust into the spotlight in 2018 after debuting an electric truck with its now-famous gear tunnel.  The publicly traded company is now a few months away from delivering its most important EV yet, a mid-sized SUV called the R2. This EV is cheaper to build than its flagship R1 counterpart (Scaringe tells me “roughly half” the cost), and yet, in many ways is more technologically capable. It will also be cheaper for buyers; the first version of the R2 will start at $57,990, 20% cheaper than its base R1T pickup.  And then there’s Also, the micromobility startup that began as a skunkworks program within Rivian and spun out last year backed by VC money. Also, which Rivian maintains a minority stake in, launched a pedal-assist modular electric bike and cargo quad vehicle last October. Scaringe …