Corporates shuttle seed funding to May Mobility

Mar 2, 2018 • Callum Cyrus

BMW i Ventures and Toyota AI Ventures co-led an $11.5m seed round for the microtransit service provider, which has now raised $15m in total.

US-based shuttle transport technology developer May Mobility has secured $11.5m in a seed round co-led by BMW i Ventures and Toyota AI Ventures, subsidiaries of carmakers BMW and Toyota.

The corporates were joined by accelerator operator and venture capital firm Y Combinator as well as seed-stage VC funds Maven Ventures and SV Angel, VC firm Tandem Ventures and transport-focused fund Trucks Ventures.

May Mobility builds autonomous micro-shuttle buses for use by clients such as business parks, education campuses or municipal…

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