Toyota AI Ventures & May Mobility on the Future of Transportation

A Convergence of Minds in the Mobility Sector

A shared enthusiasm for advancements in transportation technology unites Toyota AI Ventures’ Jim Adler, Nina Grooms Lee of May Mobility, and May’s Edwin Olson.

These three industry leaders will be featured guests on an upcoming installment of Extra Crunch Live. The broadcast is scheduled for May 12th at 3pm ET/noon PT. Registration for this free event is available here!

May Mobility: A Rising Star in Autonomous Transportation

May Mobility has quickly become a prominent player in the transportation landscape over the last ten years. The company operates a fleet of autonomous, low-speed shuttles deployed across Detroit, Grand Rapids, and Providence.

Recently, May Mobility introduced a new autonomous shuttle built on a Lexus platform. To date, the company has secured $83.6 million in funding, notably including a $50 million Series B investment spearheaded by Toyota Motor Corp.

Delving into the Toyota-May Mobility Partnership

This investment forms the core of the upcoming Extra Crunch Live discussion.

Jim Adler, Founding Managing Director at Toyota AI Ventures, will engage in conversation with Nina Grooms Lee, Chief Product Officer at May Mobility, and Edwin Olson, May’s co-founder and CEO. The discussion will center on the origins of the Series B funding agreement.

The conversation will explore the factors that attracted Toyota to May Mobility, and conversely, what drew May Mobility to Toyota. Furthermore, the panel will detail the collaborative efforts undertaken by both teams since the investment.

Looking Ahead: The Future of Mobility

The discussion will also extend to broader trends and anticipated developments within the dynamic and expanding mobility industry.

Following the main interview, Grooms Lee, Olson, and Adler will provide feedback on startup pitches submitted by audience members. Attendees will have the opportunity to participate by virtually raising their hand when the event begins to request a chance to deliver a two-minute pitch.

This format mirrors the experience of networking at industry events like Disrupt, where spontaneous interactions with investors or potential clients occur. Consequently, the use of visual aids – including presentations, videos, or demonstrations – will not be permitted. Secure your spot by registering here!

Extra Crunch Live: Weekly Insights

Extra Crunch Live is a weekly event, broadcast every Wednesday at 3pm ET/noon PT, and is open to all. However, access to recordings of past episodes is exclusively available to Extra Crunch subscribers. Consider becoming a member today!