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
The company
Investors 1
EEuropean Investment Bank
