May Mobility
May Mobility
May Mobility is an autonomous shuttle startup, based in Michigan.
About
In February 2018, May Mobility raised $11.5 million in seed funding from investors including BMW i Ventures and Toyota AI Ventures, along with existing investors.[9]
In February 2019, the company announced that it has raised $22 million in a series A round led by Millennium New Horizons and Cyrus Capital Partners, along with LG Technology Ventures, Thayer Ventures, and existing investors BMW i Ventures, Maven Ventures, Toyota AI Ventures, and Y Combinator.[8]
In November 2019, May Mobility has raised $50 million Series B round from Toyota. The firm will use the funds for strategic hiring across the engineering and operations staff and the expansion of the AV shuttle fleet. Toyota and May Mobility didn’t share particulars about the partnership. But it will pair the autonomous vehicle technology with Toyota e-Palette.[1][6]