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Berlin-based Vay has secured €34 million in venture debt from the European Investment Bank (EIB) to expand its remote-driven vehicle services across Europe. This funding, which also amounts to $37 million, will help Vay develop its teledriving technology and launch car-sharing services, boosting innovation in the transportation sector.
Berlin-based Vay gets €34 million in venture debt to launch teledriven car-sharing services: The European Investment Bank (EIB) is lending €34 million to German teledriving technology startup Vay to help it develop its operations… https://t.co/fYsFYd0iYE #startupnews #startups
Germany's Vay gets $37 million from EIB for remote-driven services in Europe https://t.co/0vucE96C7Z https://t.co/GQtIKAli6g
Vay secures €34m European Investment Bank loan to bring 'teledriven' cars to Europe https://t.co/dKsYKFPLvZ #startupnews #startups https://t.co/gKAgqbLjic
