"Glydways claims its transport system can move up to 10,000 people per hour, per lane, and reduce infrastructure costs by up to 90% compared to rail."
"Investor Vinod Khosla stated that Glydways' transport system could replace most cars in most of our cities in the next 25 years, emphasizing its superiority over robotaxis."
"The startup is launching three operational pilots this year in Atlanta, New York City, and the United Arab Emirates, aiming for large-scale operations by 2027."
Glydways, a startup from San Francisco, has secured $170 million in Series C funding, co-led by Suzuki Motor Corporation and Khosla Ventures. The company is in talks to raise an additional $250 million, which could elevate its valuation to over $1 billion. Glydways' autonomous pods can transport up to 10,000 people per hour per lane and significantly reduce infrastructure costs. The startup plans to launch operational pilots in Atlanta, New York City, and the UAE this year, with large-scale operations targeted for 2027.
Read at TechCrunch
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