DoorDash Invests in Also as Part of $200M Funding Round

Dow Jones03-31 21:48

By Nicholas G. Miller

DoorDash invested in EV company Also as part of a $200 million Series C financing round led by Greenoaks.

The investment is part of a partnership between Also and DoorDash that includes a multi-year commercial agreement to develop and accelerate autonomous delivery at scale.

DoorDash Co-Founder Stanley Tang will join Also as a board observer.

The partnership will seek to deploy autonomous vehicles in unsolved areas, such as the intersection of roadways, bike lanes and road-adjacent spaces. "Small autonomous EVs are optimal in these environments and that is what Also is building from the ground up," said Also President Chris Yu.

The new capital will support Also's continued investment in product development, manufacturing, and global deployment of small vehicles.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

March 31, 2026 09:48 ET (13:48 GMT)

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Miller \n\n\n \n\n\n  DoorDash invested in EV company Also as part of a $200 million Series C financing round led by Greenoaks. \n\n\n  The investment is part of a partnership between Also and DoorDash that includes a multi-year commercial agreement to develop and accelerate autonomous delivery at scale. \n\n\n  DoorDash Co-Founder Stanley Tang will join Also as a board observer. \n\n\n  The partnership will seek to deploy autonomous vehicles in unsolved areas, such as the intersection of roadways, bike lanes and road-adjacent spaces. \"Small autonomous EVs are optimal in these environments and that is what Also is building from the ground up,\" said Also President Chris Yu. \n\n\n  The new capital will support Also's continued investment in product development, manufacturing, and global deployment of small vehicles. \n\n\n \n\n\n  Write to Nicholas G. 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