France’s Navya scores €30 million in funding to support the roll-out of its electric, driverless shuttles

robin@tech.eu

Navya, a Lyon, France-based company that builds electric, self-driving shuttles for use in urban areas, airports, amusement parks and whatnot, has raised €30 million from automotive supplier Valeo, SNCF subsidiary Keolis and Qatar-based Group8.

Navya is currently testing its 100% autonomous shuttle in the Confluence district of Lyon and expects to use the capital to expand internationally and double down on R&D.

The French company was founded in 2014 and previously raised capital from Robolution Capital, CapDecisif Management, the FRCI (Fonds Régional de Co-investissement de la Région Ile de France), GRAVITATION and a group of business angels.

Also check out our in-depth report on the European and Israeli automotive tech sector.

Share this:
Share on linkedin
Share on facebook
Share on twitter

Get exclusive access to news, data and actionable insights on the European Tech innovation ecosystem(s)

By subscribing to Tech.eu, you gain instant access to curated European technology news, market intelligence and interviews with leading startup founders, investors and more. Sign up now in under a minute to deepen your knowledge on the European Tech innovation ecosystems on a daily basis.