May Mobility: Raises $50M in Series B Funding
- The funding, which comes less than a year after May Mobility raised $22 million, will be used to expand every aspect of the company
- The startup also wants to build that number up to 25 vehicles per city
- That fleet size improves the economic picture for the startup and will begin to meaningfully impact transportation in that city
- This latest round does more than provide May Mobility with capital
- Toyota has picked May Mobility as one of its “autonomous driving providers for future open platforms,” according to the startup
- Toyota and May Mobility didn’t share specifics about what this partnership will lead to
