Michigan -based startup May Mobility, which is trying to swap out current transportation options for corporate and other clients with self-driving small shuttles, has raised $11.5 million in sed funding from investors including BMW i Ventures and Toyota AI Ventures, along with existing investors. The round comes just about a year into the company’s launch, and 2018 will also see May Mobility launch its first commercial operations in the later law of the year. May Mobility has a team that includes DARPA Urban Challenge participants, as well as vets of Ford, GM, and Toyota as well as the University of Michigan’s automotive engineering programs. The company’s goal has been to provide self-driving solutions that are practical on real routes today, using technology currently available, with defined shuttle paths. It’s also aiming to offer commercial benefit to clients by managing the fleet service from end-to-end, including vehicle maintenance and operation the shuttles on a daily basis. Last October, May Mobility ran a pilot project with Detroit-baed company Bedrock to show that its tech was road and service ready, and now it’s hoping to use the funding from this round to add on more employees and expand its coverage to more U.S. cities by the end of 2018.
Start - up May Mobility has raised $ 11.5 m in seed funding . The round featured existing investors , alongside Toyota i Ventures and Toyota AI Ventures . The Michigan - based firm aims to create self - driving vehicles that can be effectively used on today 's roads , as well as run a fleet management service for clients , providing maintenance . The investment follows a pilot project with Toyota in October 2017 that demonstrated May Mobility 's technology to be road - ready . The firm will use the investment to fund additional employees and an expansion to more US cities this year .