May Mobility (Series D)
Funding Details
Awarder
SemiNews
Date Award
November 7, 2023
Vertical
Autonomous Vehicles
Funding URL
View Funding Page
Funding Amount
$105,000,000
Company Info
Founding Year
2017
Traction
With more than 350,000 autonomy-enabled rides to date, May Mobility's goal is to transform cities through autonomous vehicle technology, driving more accessible and sustainable transportation and safer roads, while filling gaps in existing transportation infrastructure.
Organizations Involved
Toyota Motor Corporation, SPARX Group Co.
Founders
Edwin Olson
Market
Transportation
Location
Ann Arbor, MI, US
Coinvestors
NTT Group, Toyota Ventures, Aioi Nissay Dowa Insurance Company, State Farm Ventures, BMW i Ventures, Cyrus Capital, Millennium Technology Value Partners, Trucks Venture Capital
Company Description

May Mobility develops autonomous vehicle (AV) technology and deploys fleets of vehicles to municipal and business customers. Its proprietary Multi-Policy Decision Making (MPDM) system is at the core of its mission to help make cities safer, greener, and more accessible. With key strategic partnerships including some of the world’s most innovative automotive and transportation companies, May Mobility aims to achieve the highest standard in rider safety, sustainability, and transportation equity.

Links
Website
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