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MAY MOBILITY CLOSES $111 MILLION SERIES C FUNDING, BEGINS PRELIMINARY DEVELOPMENT ON TOYOTA’S NEXT GENERATION MOBILITY PLATFORM

Written by daryn | Jul 19, 2022 10:44:58 AM

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.