SAN FRANCISCO, April 14, 2026 (GLOBE NEWSWIRE) -- Glydways, the company delivering a new category of urban mobility, today announced its $170 million Series C fundraise. The round was co-led by Suzuki Motor Corporation, ACS Group, and Khosla Ventures with additional participation from existing investors Mitsui Chemicals and Gates Frontier, and new investor, Obayashi Corporation, a leading general contractor and developer. The commercialization round, which was oversubscribed, comes alongside Glydways’ recent global momentum including securing Memorandums of Understanding with the Abu Dhabi Investment Office and the Dubai Roads & Transport Authority, and the groundbreaking of Glydways’ first publicly accessible system in South Metro Atlanta. Glydways has now raised well over $250 million to enable cities to build and scale networks of autonomous vehicle expressways that move people at 10x the throughput and cost efficiency of today's technology. The result is a fundamentally different mobility system, one that delivers order of magnitude improvements in efficiency, cost, and rider experience, with attractive operating margins. For Glydways, this marks the transition from development to real-world deployment of a new category of urban mobility. “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,” said Mark Seeger, Founder and Co-CEO, Glydways. “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.” Glydways represents a new category of mobility. While autonomous vehicles have advanced rapidly, their impact is fundamentally constrained when deployed on existing roads. Glydways unlocks autonomous vehicles’ full potential by