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Uber Rival Taxify Gets Unicorn Status With Investment Led By Daimler

by cnbc.com posted 9months ago 28 views
Taxify secured a $1 billion valuation after the investment, helping it enter the ranks of Europe's unicorn companies. : Taxify, a European competitor to Uber, has raised $175 million in a funding round led by German automaker Daimler. The Tallinn, Estonia-based start-up secured a $1 billion valuation after the investment, helping it enter the ranks of Europe's unicorn companies. Korelya Capital, a French venture capital fund, Taavet Hinrikus, the co-founder of U.K.-based money transfer start-up TransferWise, and existing investor Didi Chuxing, a Chinese ride-hailing firm, all participated in the round.

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