Michigan-based May Mobility Closes on $111 Million Funding Round, Begins Development on Toyota’s Next-Gen Commercial Autonomous Vehicle Platform

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Michigan-based May Mobility Closes on $111 Million Funding Round, Begins Development on Toyota’s Next-Gen Commercial Autonomous Vehicle Platform

May Mobility, an Ann Arbor Michigan-based autonomous transportation startup, announced it closed on a $111 million Series C round of funding. The latest funding round brings the company’s total funding to date to $194 million. Through its collaboration with Toyota, May Mobility aims to begin fully-autonomous commercial robotaxi operations in 2023, as well as expand into new markets.

Michigan-based May Mobility Closes on $111 Million Funding Round, Begins Development on Toyota’s Next-Gen Commercial Autonomous Vehicle Platform

2022-07-13 11:07

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