Self-driving tech startup Could Mobility has added to its Sequence C funding spherical, and now raised funding totalling $111 million. The cash will allow the corporate so as to add engineers and incorporate its system on a brand new car platform.

The contemporary funds will underpin the corporate’s ongoing work with Toyota Motor Corp., which has been a long-time backer of the Ann Arbor, Mich.- primarily based firm. Could Mobility’s work on autonomous Toyota Sienna minivans, referred to as the “Autono-Maas” will proceed, with a business launch of service anticipated later this 12 months.

Additional, Could Mobility says it can start preliminary work integrating its self-driving techniques on the Toyota e-Palette, a battery-electric car anticipated to sometime function in Toyota’s Woven Metropolis and past.

New funding comes from State Farm Ventures, a subsidiary of the auto insurance coverage firm of the identical title. Phrases of their participation weren’t disclosed. Could Mobility had beforehand stated in January it had raised $85 million as a part of the Sequence C spherical, which is now closed.

Softbank, Subsequent Century Ventures and 10x Group are amongst different corporations to associate with Could Mobility on this newest spherical. With its funding, State Farm will turn out to be one of many first U.S.-based insurers to spend money on autonomous autos. It’s the second main insurer to spend money on Could Mobility after Tokyo-based Tokio Marine.

“The insurance coverage trade sees the way forward for mobility and is recognizing the significance of serving to to design the best way insurance coverage will help autonomous autos sooner or later,” Ryan Inexperienced, CFO of Could Mobility, stated within the launch. “Having companions like Tokio Marine and State Farm Ventures helps expedite that imaginative and prescient for the way forward for mobility.”