Tech Company Financing Transactions
Optimus Ride Funding Round
Optimus Ride, based in Cambridge, raised $20.7 million from private investors.
Transaction Overview
Company Name
Announced On
4/23/2019
Transaction Type
Venture Equity
Amount
$20,709,981
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. 13 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
Company Information
Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
Undisclosed
Cambridge, MA 02140
USA
Cambridge, MA 02140
USA
Phone
Undisclosed
Website
Email Address
Overview
Optimus Ride Inc. is an MIT spinoff company based in Cambridge, MA that develops self-driving technologies to enable safe, sustainable, and equitable mobility solutions. We are designing a fully autonomous (level 4) system for electric vehicle fleets.
Management Team
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We do our best to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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