Optimus Ride recently announced their Series A funding:

“Today, Optimus Ride, a MIT spinoff company developing self-driving technology, announced it has closed an $18 million Series A funding led by Greycroft Partners with participation from Emerson CollectiveFraser McCombs Capital and renowned venture capitalist and current director of MIT Media Lab, Joi Ito. Optimus Ride has raised a total of $23.25 million through two rounds of financing. The company will immediately use the capital to scale its current vehicle fleet and make strategic hires as well as continue its efforts to educate the market of the potential of fully autonomous driving technology.”

Read the full article on Optimus Ride.