Beep Secures Series B Funding
Beep, an autonomous mobility service provider based in Lake Nona, Florida, has raised an undisclosed amount in a Series B funding round led by Mobileye. Beep specializes in providing Autonomous Mobility as a Service (AMaaS) to public transit operators, communities, campuses, and airports.
Lead Investor
The funding round was led by Mobileye, a prominent player in the autonomous vehicle technology sector. No additional investors were disclosed in this round.
Strategic Use of Funds
While specific details regarding the allocation of the newly raised funds have not been publicly shared, it is anticipated that the capital will be used to further develop Beep's autonomous mobility solutions and expand their service offerings to more locations.
About Beep
Beep is focused on delivering innovative transit solutions by integrating autonomous vehicle technology into various public and private transportation networks. By focusing on communities, campuses, and airports, Beep aims to enhance the efficiency and safety of transit systems.