Glydways announced it has raised an oversubscribed $170 million Series C to accelerate deployment of its autonomous vehicle network infrastructure, marking a transition from development to real-world operations.
The round was co-led by Suzuki Motor Corporation, ACS Group, and Khosla Ventures, with participation from Mitsui Chemicals, Gates Frontier, and Obayashi Corporation.
The funding will support the rollout of Glydways’ autonomous mobility systems, with pilot operations planned in 2026 across the UAE, the New York City area, and Atlanta, as the company prepares for broader commercial deployment beginning in 2027.
Glydways is developing a new category of transportation that combines autonomous electric vehicles with dedicated guideways, enabling high-capacity, on-demand travel without congestion or stops. The system is designed to significantly improve throughput and cost efficiency compared to traditional transit infrastructure.
The company reports it has raised more than $250 million to date and is positioning its platform as a scalable, cost-effective alternative to existing urban mobility solutions, with the ability to deliver faster travel times, lower infrastructure costs, and improved rider experiences.
Proceeds from the Series C will be used to expand geographically, accelerate production of next-generation vehicles in partnership with Suzuki, and scale talent and infrastructure globally as demand for urban mobility solutions increases.
Glydways is targeting rapid urbanization trends, aiming to provide cities with a sustainable and economically viable transportation model that can address congestion, accessibility, and infrastructure challenges.
KEY QUOTES:
“Glydways is not an evolution of transportation, it’s a fundamentally new model for how cities move. Glydways is now entering real-world operations, showing that high-capacity, on-demand personal mobility can be better for riders, financially sustainable, and solve congestion. Glydways will be in public operations this year, showing the public a new way of moving around cities that is efficient and affordable. Having dedicated investors alongside us supporting every facet of our go-to-market motion is essential as Glydways becomes a reality for riders globally.”
Mark Seeger, Founder And Co-Chief Executive Officer, Glydways
“Glydways’ mission—to provide a public transportation solution that stays close to people’s daily lives—resonates strongly with Suzuki’s corporate slogan, ‘By Your Side.’ Through this additional investment, we will further strengthen this synergy and continue to move forward together toward realizing the mobility of the future.”
Toshihiro Suzuki, Representative Director And President, Suzuki Motor Corporation
“Throughout its history, Obayashi Corporation has actively engaged in the development of sustainable urban environments, including both smart cities and compact cities. In all of these initiatives, transportation has consistently been recognized as an indispensable element. Through this investment, Obayashi aims to help Glydways realize its vision of using mobility to solve the social problems arising from traffic congestion in urban settings.”
Takayuki Tomioka, Managing Executive Officer, Obayashi
“As one of the world’s leading global infrastructure companies, we see strong strategic alignment with Glydways’ approach to urban mobility and its ability to deliver high-capacity, efficient transit in a cost-effective way. Our role as both investor and partner reflects our commitment to helping bring systems from development into real-world deployment, and to advancing infrastructure solutions that create long-term value for communities. We look forward to scaling this approach globally.”
Nuria Haltiwanger, Chief Investment Officer, ACS Group
