Optimus Ride Secures $5,250,000 Seed Financing Round

  • Feed Type
  • Date
    10/13/2016
  • Company Name
    Optimus Ride
  • Mailing Address
    Undisclosed Cambridge, MA 02140 USA
  • Company Description
    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.
  • Website
    http://www.optimusride.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,250,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    NextView Ventures
  • Venture Investor
    FirstMark Capital
  • Venture Investor
    Investor
  • Venture Investor
    Greycroft Partners
  • Venture Investor
    Morado Venture Partners
  • Venture Investor
    Haystack Fund
  • Venture Investor
    UJ Ventures

Trending on Xconomy