Cabify — Venture Debt · €40M

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 loan was signed on 19 December 2022, the date recorded here.

LeadEuropean Investment Bank RoundVenture Debt Announced19 Dec 2022 CityMadrid SectorMobility & Logistics · Mobility Source

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