Venture Map · Round
Cabify — Series E · $110M
Announced 2022-07-26 · Madrid · Mobility
Cabify announced $110M of new financing — a mix of equity and debt — to fund growth across more than 25 cities in Spain and Latin America, fleet electrification and technology. New money came from Orilla Asset Management (Francisco Riberas' family office) and AXIS via Fond-ICO Next Tech, with Spanish press reporting the equity capital increase at about €91M; the headline figure also folds in a €40M European Investment Bank loan disclosed in December 2022 and Mutua Madrileña's July 2022 investment. Several outlets described Orilla and AXIS as co-leads while TechCrunch reported no formal lead, so no single lead is asserted here; Cabify declined to give a valuation (last marked at $1.49B in July 2022).
RoundSeries E
Amount$110M
LeadNot disclosed
Date2022-07-26
CityMadrid
SectorMobility
The company
Investors 3
AAXIS Participaciones Empresariales (Fond-ICO Next Tech)
www.axispart.com
MMutua Madrileña
O
Orilla Asset Management
