Last deal

$50M

Amount

Series B

Stage

06.11.2019

Date

7

all rounds

$76M

Total amount

General

About Company
Optimus Ride was a self-driving vehicle company that provided communities with safe, reliable, convenient and sustainable mobility services.

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founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Based in Boston, MA, Optimus Ride was an MIT spinoff company that combined over 30 years of interdisciplinary university research in self-driving technologies, electric vehicles, and mobility-on-demand systems. Its team had decades of industrial and entrepreneurial experience in manufacturing robots, urban design, and shared vehicle fleet management. The company developed self-driving technology systems that enabled efficient, sustainable, and equitable mobility networks for geofenced environments, using advances in complex sensor fusion, mapping, computer vision, and machine learning. Its technology was used by customers for transportation from commercial vessel operations to transit options. However, it has now gone out of business.
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