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

Source article ↗ · cabify.com ↗

The company

Investors 3

AXIS Participaciones Empresariales (Fond-ICO Next Tech)
www.axispart.com
InvestorSpain
Mutua Madrileña
InvestorSpain
Orilla Asset Management
InvestorSpain

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