December 04 - 15:12
Toyota leads $50mn funding in autonomous vehicle firm My Mobility
Autonomous shuttle startup May Mobility has closed a $50 million Series B round led by Toyota. SPARX Group also participated alongside return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI Ventures. The round will help fund hires across the engineering and operations functions, and expansion of the vehicle fleet.
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