Tech Company Financing Transactions

May Mobility Funding Round

NTT Group, Aioi Nissay Dowa Insurance and BMW i Ventures participated in a $105 million Series D capital raise for May Mobility. The round closed on 11/7/2023.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series D
Proceeds Purpose
The company intends to use the funds to accelerate commercialization of its proprietary autonomous vehicle technology and its AV transit services in the United States, Canada and Japan, and scale operations to reach profitability.

Company Information

Company Status
Private & Independent
Mailing Address
3901 Varsity Dr.
Ann Arbor, MI 48108
Email Address
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.
May Mobility LinkedIn Company Profile
Social Media
May Mobility Company Twitter Account
Company News
May Mobility News
May Mobility on Facebook
May Mobility on YouTube

Management Team

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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Prev: 11/7/2023: Galactic Holdings venture capital transaction
Next: 11/7/2023: Spill venture capital transaction


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We do our best to report on every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data is sourced from, an affiliated venture.


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