EasyMile raises $66M for its autonomous people-and-goods shuttles

EasyMile raises $66M for its autonomous people-and-goods shuttles

3 years ago
Anonymous $f-b3Pf4iLZ

https://techcrunch.com/2021/04/28/easymile-raises-66m-for-its-autonomous-people-and-goods-shuttles/

We may still be a long way off from Level 5, fully self-driving cars on the open road, but companies building autonomous vehicles and shuttles for specific uses within closed-campus deployments say they are on their way to commercial operations and are raising money to get there. In the latest development, a startup out of Toulouse, France, called EasyMile — which builds shuttles for transporting both people and goods — has closed a Series B of €55 million ($66 million).

The funding is being led by Searchlight Capital Partners — the investor that just earlier this week appointed former FCC chairman Ajit Pai as its newest partner — with McWin and NextStage AM also participating. Previous investors rail industry heavyweight Alstom, Bpifrance and auto giant Continental also participated. Searchlight is also an investor in Get Your Guide and Univision.