Venture Map · Round

Cabify — Debt · €40M

Announced 2022-05-11 · Madrid · Mobility

The European Investment Bank approved a €40M loan to Spanish ride-hailing platform Cabify to finance 1,400 electric vehicles and associated fast-charging infrastructure in Spain, part of a total project investment of about €82M. Pure debt (an EIB Future Mobility loan backed by the Connecting Europe Facility), with no equity in the deal; the facility was formally signed later in 2022.

RoundDebt Amount€40M LeadEuropean Investment Bank Date2022-05-11 CityMadrid SectorMobility

Source article ↗ · cabify.com ↗

The company

Investors 1

European Investment Bank
InvestorLeadEuropean Union

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