May Mobility, one of Ann Arbor’s top mobility startups that created a self-driving shuttle, just closed an $83 million Series C round of funding led by Mirai Creation Fund II, a SPARX Group Co., Ltd. managed fund that focuses its support on high-growth, high-tech companies. New investors include Tokio Marine and Toyota Tsusho, with returning investors Toyota Ventures, Millennium Technology Value Partners, Cyrus Capital Partners, 1843 Capital, BMW i Ventures, and Bay Lake Ventures.
Susan Wagner of KLA Corporation spoke up front at this year’s TechTalk out of Ann Arbor on the importance of diversity and inclusion. Inclusion gives companies the diversity of thought and experience to be as creative and innovative as possible. “We should work together to life one another up. It does not mean that just because others succeed we will fail… all boats rise together,” she said. “KLA is a global company. COVID’s impact can vary,” Wagner said. “The semiconductor industry is playing a crucial role to enable work from home. Many things are changing, some for good,” she said. “Electronics are more important than ever to keep us connected.”
“It’s a very natural feeling, it doesn’t feel as if a robot is driving.” Noah is an engineer with May Mobility. He’s driving us along with May CEO Ed Olson around downtown Ann Arbor. Pedestrians cut into crosswalks against the light and better judgment, a hallmark of the local student pedestrian-friendly culture. And this autonomous shuttle is not only not hitting them–it’s treating them with a lot more deference and a natural-feeling safe distance, than you might get from a lot of human drivers.
Automation is revolutionizing the economy and our lives. On October 15th, in Columbus, Ohio, leaders of the automation revolution including Clinc co-founder Lingjia Tang, StockX COO Greg Schwartz, and Andy Lonsberry CEO of Path Robotics will gather to discuss the rapid changes affecting all industries through automation.