Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

6 years ago
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https://techcrunch.com/2018/05/29/taxify-raises-175m-led-by-daimler-at-a-1b-valuation/

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark.

Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment also featured participation from new backers Europe-based Korelya Capital and Taavet Hinrikus, founder of billion-dollar Estonian fintech startup Transferwise. Taxify said that China’s Didi Chuxing was among the returning investors to join.

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

May 30, 2018, 5:21am UTC
https://techcrunch.com/2018/05/29/taxify-raises-175m-led-by-daimler-at-a-1b-valuation/ > There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. > Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment also featured participation from new backers Europe-based Korelya Capital and Taavet Hinrikus, founder of billion-dollar Estonian fintech startup Transferwise. Taxify said that China’s Didi Chuxing was among the returning investors to join.