Bestmile secures $11m investment | Smart Highways Magazine: Industry News

Bestmile secures $11m investment

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The mobility platform Bestmile, that is designed to enables service providers to manage, operate and optimise autonomous vehicle fleets, has announced it has raised $11 million in a Series A funding.

The company says the money will “power the company’s global expansion, strengthen its mobility cloud platform technology, and extend its customer relationships with service providers, strategic OEMs and technology partners”.

Bestmile’s Mobility Services Platform enables the intelligent operation and optimisation of autonomous vehicle fleets, regardless of their brand or type, for both fixed-route and on-demand service types. The platform offers features such as fleet and resource management, mobility service operations and optimisation, business back office support and data intelligence. The company’s platform also provides front-end and back-end interfaces for operators and travellers, including control centre dashboards, mobile and web applications and APIs. The company’s expansion to ridehailing will offer flexibility to customers with the operation of hybrid fleets comprised of human-driven and autonomous vehicles to support mobility providers’ transition to autonomous mobility.

“Over the next several years, mobility services will experience a transitional phase where autonomous and human-driven vehicles will coexist within the same fleets,” said Raphael Gindrat, CEO of Bestmile. “New micro-transit services will develop into the transportation ecosystem as well. This large opportunity in a booming market, coupled with our innovative technology, are major reasons why so many prestigious investors are backing Bestmile.”



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