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Energy Tech Series C Founded 2016

Glydways

Glydways develops electric autonomous shuttles and mass transit solutions that combine autonomous vehicles, AI orchestration, and dedicated infrastructure to deliver high-capacity, low-cost urban mobility. The company's fleet of self-driving Glydcars operates on dedicated guideways, providing direct, congestion-free personal rides with capacity for 10,000 people per hour at scale. The system costs 90% less to build…

📍 San Francisco, United States · Electric Vehicles,

Funding snapshot

Last roundSeries C
Amount$60M
Date25 February 2026
Total raised$332M
Valuation1,000,000,000 (Apr 14, 2026)
Team size224

About

Glydways develops electric autonomous shuttles and mass transit solutions that combine autonomous vehicles, AI orchestration, and dedicated infrastructure to deliver high-capacity, low-cost urban mobility. The company's fleet of self-driving Glydcars operates on dedicated guideways, providing direct, congestion-free personal rides with capacity for 10,000 people per hour at scale. The system costs 90% less to build and 30% of the operating cost of other transit modes, offering on-demand personal rides without stops or transfers. Glydways is launching projects in Atlanta, Contra Costa, and San Jose starting in 2026, and has partnered with the Abu Dhabi Investment Office to bring autonomous transit technology to the Middle East. The company's approach eliminates congestion while being financially sustainable, removing cars from streets. Founded in 2016 and headquartered in San Francisco, California, Glydways has raised approximately $331.6M in Series C funding from investors including Khosla Ventures, Gates Frontier, Grupo ACS, Global Suzuki, Obayashi, and New Science Ventures.

Business model

Electric Vehicles > Automaker > Commercial Vehicles > Shuttles > Autonomous,

Autonomous Vehicles > Self Driving Technology > Shuttles

Institutional investors

Global Suzuki New Science Ventures Grupo ACS Gates Frontier Khosla Ventures MITSUI CHEMICALS Obayashi UpHonest Capital True Equity

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