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Optimus Ride

Optimus Ride

A technology company developing technologies for self driving vehicles.

Optimus Ride is a technology company developing technologies for self driving vehicles that is headquartered in Cambridge, Massachusetts and was founded in 2015 by Albert Huang, Jenny Larios Berlin, Ramiro Almeida, Ryan Chin, and Sertac Karaman. The company develops their technologies by leveraging their knowledge in the fields of robot manufacturing, urban design, and on-demand vehicle fleet management.

Non-equity assistance

On January 1, 2015 Optimus Ride received an undisclosed amount of non-equity assistance from MIT Media Lab.


On October 11, 2016 Optimus Ride completed their seed funding round with $5.3 million in funding from NextView Ventures (lead investor), FirstMark (lead investor), UJ Ventures, Nvidia GPU Ventures, Morado Ventures, Haystack, Greycroft, and Joi Ito.

Series A

On November 2, 2017 Optimus Ride completed their series A funding round with $18 million in funding from Greycroft (lead investor), TheVentureCity, Neoteny, Fraser McCombs Capital, FirstMark, Emerson Collective, and Eight Rods Ventures. The company plans on using their series A funding to expand its vehicle fleet and hire new employees.


January 12, 2022
Autonomous vehicle startup Optimus Ride acquired by Magna
November 2017
Optimus Ride raises a $18,000,000 series A round from Emerson Collective, Fraser McCombs Capital, Greycroft and Joi Ito.
October 12, 2016
Optimus Ride raises a $5,250,000 seed round from NextView Ventures.

Funding Rounds


Further Resources


Boston self-driving car company Optimus Ride closes its doors

Pranshu Verma


January 11, 2022


Rebecca Bellan
March 30, 2021
Autonomous, electric mobility service provider Optimus Ride announced a partnership with powersports vehicle manufacturer Polaris to bring fully autonomous GEM electric vehicles to market. The two will introduce a new line of Polaris GEM low-speed vehicles that will be engineered to fully integrate Optimus Ride's autonomous software and hardware suite. The microtransit vehicles are expected [...]
Andrew J. Hawkins
March 30, 2021
The Verge
Polaris and Optimus Ride are co-developing low-speed electric vehicles for a fully autonomous shuttle service. The vehicles will be manufactured under Polaris' GEM brand.


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