May Mobility raises $11.5 million to deploy self-driving shuttle fleets

May Mobility raises $11.5 million to deploy self-driving shuttle fleets

6 years ago
Anonymous $gcegwZ91io

https://techcrunch.com/2018/02/26/may-mobility-raises-11-5-million-to-deploy-self-driving-shuttle-fleets/

Michigan-based startup May Mobility, which is trying to swap out current transportation options for corporate and other clients with self-driving small shuttles, has raised $11.5 million in sed funding from investors including BMW i Ventures and Toyota AI Ventures, along with existing investors. The round comes just about a year into the company’s launch, and 2018 will also see May Mobility launch its first commercial operations in the later law of the year.

May Mobility has a team that includes DARPA Urban Challenge participants, as well as vets of Ford, GM, and Toyota as well as the University of Michigan’s automotive engineering programs. The company’s goal has been to provide self-driving solutions that are practical on real routes today, using technology currently available, with defined shuttle paths. It’s also aiming to offer commercial benefit to clients by managing the fleet service from end-to-end, including vehicle maintenance and operation the shuttles on a daily basis.

May Mobility raises $11.5 million to deploy self-driving shuttle fleets

Feb 26, 2018, 1:36pm UTC
https://techcrunch.com/2018/02/26/may-mobility-raises-11-5-million-to-deploy-self-driving-shuttle-fleets/ >Michigan-based startup May Mobility, which is trying to swap out current transportation options for corporate and other clients with self-driving small shuttles, has raised $11.5 million in sed funding from investors including BMW i Ventures and Toyota AI Ventures, along with existing investors. The round comes just about a year into the company’s launch, and 2018 will also see May Mobility launch its first commercial operations in the later law of the year. >May Mobility has a team that includes DARPA Urban Challenge participants, as well as vets of Ford, GM, and Toyota as well as the University of Michigan’s automotive engineering programs. The company’s goal has been to provide self-driving solutions that are practical on real routes today, using technology currently available, with defined shuttle paths. It’s also aiming to offer commercial benefit to clients by managing the fleet service from end-to-end, including vehicle maintenance and operation the shuttles on a daily basis.