Glydways Announces $56 Million Series B Round With New Science Ventures, ACS Group, Khosla Ventures and Gates Frontier
Summary
The Project will be jointly administered by the Authorities and is designed to complement, enhance and expand existing public transportation options to create a meaningful multi-modal system. This is the second significant project Glydways has been awarded already this year, with the first being the San Jose Mineta International Airport to the Citys downtown Diridon Station, both located in California. This approach offers net-new capacity, which means vehicle trips are removed from city streets, thus reducing overall traffic congestion. We have thoughtfully designed the Glydcar to optimize its range (weight, resistance, features), which makes Glydways one of the most climate-friendly mobility systems in the world., LLC (NSV) is a leading venture capital firm focused on building companies that leverage breakthrough science to create extraordinary value. NSV invests in companies using science-based innovations to address market needs in the life sciences and information technology sectors.is a strategic infrastructure partner to Glydways and is focused on building a better future through the development and operation of infrastructure that helps the economic and social progress of the countries where they operate.About GlydwaysGlydways was founded in 2016 by Mark Seeger and its mission is to revolutionize urban mobility and provide more equitable access to affordable housing, jobs, education, healthcare, and community.