EasyMile develops autonomous shuttles including the EZ10 people shuttle and TractEasy autonomous tractor-trailer for moving goods. The company says it is the world leader in autonomous shuttles with 60% of the global market, reporting 800,000 kilometers driven across over 300 locations in 30 countries while operating 180 vehicles worldwide. EasyMile has commercial partnerships and deployments with companies such as TLD and is working with Stellantis to build an autonomous vehicle using its technology. Management says it will use new funding to scale commercial deployments in closed-campus environments and continue investing toward integration with public transportation networks. The firm emphasizes focusing on addressable niche markets to achieve near-term commercial traction. EasyMile previously faced an NHTSA restriction on carrying passengers after an accident; that restriction has since been lifted. EasyMile develops software powering autonomous vehicles and end-to-end smart mobility solutions, and builds the EZ10 electric driverless shuttle for shared last-mile transport. The EZ10 provides shared transportation for up to 12 passengers, operating from a transport hub to a final destination within a precinct or confined area. Since April 2015 the EZ10 has been deployed at more than 50 sites in 14 countries across Asia, North America, the Middle East and Europe. The company was founded in 2014 and is based in Toulouse, Singapore and Denver (USA). EasyMile employs 60 employees. The firm intends to use incoming funds to accelerate growth and support its R&D program, and has entered a commercial partnership with Alstom.

Total raised

$82M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2021