Spanish micromobility startup MOVO, a subsidiary of the local Uber rival Cabify, has raised €20 million in a funding round led by Mutua Madrileña, with participation from Seaya Ventures and Cabify. The company plans to use the fresh funding to expand in Argentina, Brazil, and Uruguay. Founded in 2017, MOVO is an e-scooter and moped […]
Spanish ride-hailing service Cabify has announced its return to Barcelona as of today. This new development follows more than a month of being not available in the city due to a set of new regulations that Barcelona authorities passed in January under pressure from traditional taxi companies. Uber, which also had to stop operating in […]
This week, Andrii Degeler, Natalie Novick, and Chris Chinchilla talk about the departure of Uber and Cabify from Barcelona, the rise of “data ownership” companies that help to guard your data, the doublethink of the Western corporates regarding automation, writing tips from Stephen King, diversity in the entrepreneurship ecosystem in the UK, and much more.
[UPDATE2] Lyft has replied to our request to say that “we don’t comment on rumours and speculation.” [UPDATE] Cabify has issued a statement to “categorically deny the rumours about alleged conversations in relation to the sale of the company.” “[Cabify] has not been meeting with managers of this or other companies to negotiate a possible […]
Spain-based ride hailing app maker Cabify has raised another $160 million to compete more efficiently against Uber and others. According to El Español and the FT, the company is now valued at $1.4 billion after raising the new round, which comes from Rakuten, The Venture City, Endeavor Catalyst and GAT Investments, among others. Nine months […]
On this episode of our podcast, we talk about Deliveroo’s major funding round, Uber’s troubles in London, and we interview folks from Typeform and SaaStock.
On this episode of the Tech.eu podcast, we talk about some major funding rounds from across Europe, BlaBlaCar’s new app, and we interviewed two entrepreneurs: