Optimus Ride is a Boston-based startup that specializes in self-driving vehicle technology. The company's mission revolves around creating efficient, sustainable, and equitable mobility systems and solutions. Leveraging over 30 years of interdisciplinary academic research from MIT, including work in self-driving technologies (DARPA Urban Challenge), electric vehicles (CityCar), and Mobility-on-Demand Systems, Optimus Ride has positioned itself on the cutting edge of robotics and autonomous and sensor tech. The team, with expertise in robot manufacturing, urban design, and shared vehicle fleet management, has attracted significant attention and investment. In 2015, Optimus Ride was founded and recently received a significant $50.00M Series B investment on 06 November 2019 from a consortium of reputable investors including FirstMark, TheVentureCity, Greycroft, Emerson Collective, OVO Fund, Edison International, Fraser McCombs Capital, Nelstone Ventures, GRID Ventures, and Energize Capital. This substantial investment signifies the confidence of the market in Optimus Ride's vision and technology, and it will undoubtedly fuel the startup's further development and impact in the autonomous vehicle space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $50.00M | 10 | GRID Ventures, Energize Capital | 06 Nov 2019 |
Series B | Unknown | 2 | 06 May 2019 | |
Venture Round | $2.73M | 1 | Alumni Ventures | 08 Apr 2019 |
Series A | $18.00M | 10 | Joi Ito, Blue Ivy Ventures | 02 Nov 2017 |
Seed Round | Unknown | 1 | 27 Oct 2017 |
No recent news or press coverage available for Optimus Ride.