The autonomous transportation developer hopes to introduce self-driving shuttle buses to Detroit by the middle of 2018.
May Mobility, a US-based autonomous transportation developer that holds five licences from University of Michigan (U-M), announced on Friday that it had raised funding of $11.6m in total.
The spinout’s backers include VC firms Tandem Capital, Trucks Venture Capital and seed fund Maven Ventures, all of which contributed to a $3.5m seed round in August 2017, according to Xconomy, when May Mobility emerged from the Y Combinator accelerator.
May Mobility hopes to launch self-driving shuttle buses in Detroit by the summer…