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May Mobility Closes $111 Million Series C Funding, Begins Preliminary Development On Toyota's Next Generation Mobility Platform

Jul 12, 2022over 3 years ago

Amount Raised

$111 Million

Round Type

series c

OmahaFashionE CommerceSoftwareCryptocurrencyBlockchain

Description

May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, today closed a $111 million Series C round of funding. Additionally, the company plans to continue to pursue its deployment programs using the Toyota Sienna Autono-MaaS vehicle platform while beginning development on another vehicle design centered around mobility, Toyota's e-Palette, signaling the next potential milestone as it seeks new ways to bring equitable mobility solutions to the masses.

Company Information

Company

May Mobility

Location

Omaha, Nebraska, United States

About

Rush ReCommerce was founded with a mission to solve the challenge of large-scale returns from ecommerce. Doug Nielsen, Julie Mahloch, and Jeff DeRuiter wanted to create a sustainable solution to one of the largest growing ecommerce issues - returns & overstocks. Rush ReCommerce has created a solution with a meaningful connection between brands and consumers to unlock a circular economy of recovery for returns. Proprietary software and processing allow partners an opportunity to resell items for higher recovery value. With over 150 manufacturers and brands on the platform currently, Rush ReCommerce is on its way to being the industry leader in helping solve this ever-growing issue. For more information, please visit www.rushrecommerce.com or email us at info@rushrecommerce.com

Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech