Tech Company Financing Transactions
Optimus Ride Funding Round
On 10/13/2016, Optimus Ride raised $5.3 million in Seed investment from FirstMark Capital, NextView Ventures and Greycroft Partners.
Transaction Overview
Company Name
Announced On
10/13/2016
Transaction Type
Venture Equity
Amount
$5,250,000
Round
Seed
Investors
FirstMark Capital (Lead Investor) (Amish Jani)
NextView Ventures (Lead Investor) (Lee Hower)
private investors (Joi Ito)
Proceeds Purpose
With the funding, Boston-based Optimus Ride hopes to provide something unique to the self-driving technology market, powered by a team with over 30 years of collective experience in robotics, on-demand transportation, electric vehicles and more.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Chin
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