ANN ARBOR, Mich., July 10, 2019 /PRNewswire-PRWeb/ — Refraction AI (https://refraction.ai), creator of the REV-1, a low-cost, lightweight autonomous delivery robot that can operate in both the bike lane and on the roadway, today launches at TechCrunch Mobility. Founded by University of Michigan professors Matthew Johnson-Roberson and Ram Vasudevan, the company has developed a safer, more cost-effective solution for last mile logistics. The company is backed by eLab Ventures and Trucks Venture Capital.

“We have created the Goldilocks of autonomous vehicles in terms of size and shape,” said Matthew Johnson-Roberson, cofounder and CEO at Refraction. “Our platform is lightweight, nimble and fast enough to operate in the bike lane and on the roadway, and we are tackling regional inclement weather patterns that inhibit or slow down other AV solutions.”

Read more here. See video of presentation here.