Tech Company Financing Transactions

May Mobility Funding Round

May Mobility, based in Ann Arbor, scored $50 million from Toyota Motor Corp., BMW i Ventures and Cyrus Capital.

Transaction Overview

Company Name
May Mobility
Announced On
12/5/2019
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors

Toyota Motor Corp. (Lead Investor) (Keiji Yamamoto)

BMW i Ventures (Uwe Higgen)

Cyrus Capital (Benjamin Birnbaum)

Millennium Technology Value Partners (Ray Cheng)

SPARX Group

Toyota AI Ventures (James Adler)

Proceeds Purpose
The round will help fund strategic hires across the engineering and operations functions, and expansion of the vehicle fleet to meet growing demand.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
3901 Varsity Dr.
Ann Arbor, MI 48108
USA
Phone
(734) 369-8874
Website
www.maymobility.com
Email Address
[email protected]
Overview
May Mobility is developing autonomous vehicles from the chassis up with a focus on system level safety design. This focus will allow us to be the first to launch a fully driverless autonomous vehicle. The company plans to lead the industry with their system design approach and best in class user experience.
Profile
May Mobility LinkedIn Company Profile
Social Media
May Mobility Company Twitter Account
Company News
May Mobility News
Facebook
May Mobility on Facebook
YouTube
May Mobility on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Edwin Olson
  Edwin Olson LinkedIn Profile  Edwin Olson Twitter Account  Edwin Olson News  Edwin Olson on Facebook
Vice President
Rohit Bery
  Rohit Bery LinkedIn Profile  Rohit Bery Twitter Account  Rohit Bery News  Rohit Bery on Facebook
VP - Engineering
Joaquin Nuno-Whelan
  Joaquin Nuno-Whelan LinkedIn Profile  Joaquin Nuno-Whelan Twitter Account  Joaquin Nuno-Whelan News  Joaquin Nuno-Whelan on Facebook
VP - Finance
Brett McMillan
  Brett McMillan LinkedIn Profile  Brett McMillan Twitter Account  Brett McMillan News  Brett McMillan on Facebook

 

 

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