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May Mobility Announces $105 Million Series D Investment Round Led By Ntt To Scale Autonomous Transit Services

RECENTLY ACQUIREDNov 07, 2023

Amount Raised

$105 Million

Round Type

Series D

United StatesProfessional ServicesSoftwareE CommerceFashionBlockchainCryptocurrency

Investors

Sparx Group Co.Toyota Motor CorporationTrucks Venture CapitalCyrus CapitalBMW I VenturesState Farm VenturesAioi Nissay Dowa Insurance CompanyToyota VenturesNTT Group

Description

May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, today announced the company's closing of a $105 million Series D round as part of its ongoing fundraising efforts. The all-equity round has been led by Japanese telecommunications powerhouse, NTT Group and joined by new and existing financial and strategic investors including Toyota Ventures, Aioi Nissay Dowa Insurance Company, State Farm Ventures®, BMW i Ventures, Cyrus Capital and Trucks Venture Capital thus far. May Mobility's Series B and C were led by Toyota Motor Corporation and SPARX Group Co. respectively

Quick answer

May Mobility raised $105 Million in a Series D round, dated November 7, 2023. Investors: Sparx Group Co., Toyota Motor Corporation, Trucks Venture Capital, Cyrus Capital, BMW I Ventures, State Farm Ventures, Aioi Nissay Dowa Insurance Company and Toyota Ventures. May Mobility is based in United States.

How much did May Mobility raise?
May Mobility raised $105 Million in a Series D round on November 7, 2023.
Who invested in May Mobility?
Sparx Group Co., Toyota Motor Corporation, Trucks Venture Capital, Cyrus Capital, BMW I Ventures, State Farm Ventures, Aioi Nissay Dowa Insurance Company and Toyota Ventures are named as investors in this round.
What does May Mobility do?
May Mobility, established in Ann Arbor, Michigan in 2017, is building the world's best autonomy system.
Where is May Mobility based and how big is it?
May Mobility is based in United States. Fundz records about 369 employees.
Who are the decision-makers at May Mobility?
Fundz holds 1 contact at May Mobility. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and E Commerce around the same time

Companies in the same sectors as May Mobility that raised within 45 days of this round, from Fundz verified event records.

  • ON raised $25M (Funding Round) on December 6, 2023.
  • Beluga raised $4M (Seed) on October 22, 2023.
  • Lolli raised $8M (Series B) on December 14, 2023.
  • Andalusia Labs raised $48M (Series A) on December 13, 2023.
  • Spiritual Gangster raised an undisclosed amount on December 12, 2023.
  • Weave raised $11M on December 8, 2023.

Who to call at May Mobility, and when

A new round usually means May Mobility is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

May Mobility

Location

United States

About

May Mobility, established in Ann Arbor, Michigan in 2017, is building the world's best autonomy system. Their proprietary Multi-Policy Decision Making (MPDM) system is at the core of their mission to help make cities safer, greener, and more accessible. MPDM's proven track record has delivered more than 320,000 autonomy-enabled rides to date in several public transit applications across the U.S. and Japan. With key strategic partnerships including some of the world's most innovative automotive and transportation companies, such as Toyota Motor Corporation, May Mobility aims to achieve the highest standard in rider safety, sustainability, and transportation equity. For more information, visit www.maymobility.com.

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May Mobility raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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