Venture Map · Round

Cabify — Other · $110M

Announced 2023-03-28 · Madrid · Mobility

Madrid-based ride-hailing and multimobility group Cabify said it had raised $110M (about €100M) with no stage disclosed and no valuation given, bringing in Orilla Asset Management, the family office of Gestamp chairman Francisco Riberas, and public investor AXIS through the Fond-ICO Next Tech fund. Spanish coverage frames the €100M package as including a previously announced €40M European Investment Bank loan; the money funds expansion to 25+ cities in Spain and Latin America and fleet electrification.

RoundOther Amount$110M LeadNot disclosed Date2023-03-28 CityMadrid SectorMobility

Source article ↗ · cabify.com ↗

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