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 places autonomous vehicle bet on retirees
Two autonomous minivans from May Mobility will drive select residents of Sun City around a 4.5-mile area of the retirement community.
Robotics investments recap: December 2019
Online grocer Ocado, robotic satellite tender firm MDA, and autonomous shuttle startup May Mobility raised the most money in December 2019.
May Mobility raises $50M to develop autonomous shuttles
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 looks for Fund 2 partners to find where robotics is heading
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.
Robotics investments February 2019
Robotics investments totaled at least $4.3 billion in February 2019 in a steep increase from January, which had about $1.4 billion. In addition, companies reported approximately $3.9 billion worth of acquisitions this past month. Any political or economic jitters have not yet harmed the mood for robot deals. The Robotic Industries Association noted yesterday that robot…
Driverless investment tops $1.6B so far this month
After last week’s $582 million in funding for autonomous vehicle companies, you might think that driverless investment would coast for a while. However, this week saw more than $1 billion in support for developing self-driving cars and trucks. President’s Day is traditionally the time for car sales, but the automakers and big technology companies are…
May Mobility Raises $11.5M for Self-Driving Shuttles
May Mobility, an Ann Arbor, Mich.-based startup founded in early 2017 that’s developing self-driving shuttles, raised $11.5 million in seed investment from Toyota AI Ventures and BMW i Ventures. The self-driving shuttles are being developed for college campuses, central business districts and other low-speed, geofenced applications. May Mobility, which has raised $11.6 million to date,…