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May Mobility raises $50 million in funding round led by Toyota

December 16, 2019 by Sam Francis Leave a Comment

May Mobility, an autonomous transportation-as-a-service provider, has closed a $50 million Series B funding round led by Toyota.

There was also participation from Sparx Group, alongside return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI Ventures.

The company says the round will help fund strategic hires across the engineering and operations functions, and expansion of the vehicle fleet to meet growing demand. [Read more…] about May Mobility raises $50 million in funding round led by Toyota

Industry group developing standards for exoskeletons

July 4, 2019 by David Edwards

ASTM International, formerly known as American Society for Testing and Materials, is developing global standards for exoskeletons.

The group’s proposed “Exoskeletons Guide” aims to provide tools that help assess and ultimately improve the usefulness and usability of exoskeletons and exosuits.

Kevin Purcell, an ergonomist at the US Army Public Health Center’s Aberdeen Proving Ground, says: “Exoskeletons and exosuits can open up a world of possibilities, from helping workers perform industrial tasks while not getting overstressed, to helping stroke victims learning to walk again, to helping soldiers carry heavier rucksacks longer distances. [Read more…] about Industry group developing standards for exoskeletons