May Mobility's pilot will run six days per week, and operate across 68 stops in 11 square miles of downtown Detroit. There will be human safety operators inside each vehicle.
May Mobility, a Michigan-based startup developing autonomous shuttle services, closed a $50 million Series B round that was led by Toyota Motor Corporation. SPARX Group and returning investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI Ventures also participated in the round. May Mobility said the funding will help expand its…
Toyota AI Ventures is looking for innovative startups for its second $100 million fund. Learn about its criteria, the types of companies receiving investment, and Toyota's outlook for the short and long term.