Existing investor Rakuten returned to take part in a round that valued the Iberian and Latin American ride hailing platform at $1.4bn.
Maxi Mobility, the Spain-based owner of on-demand ride providers Cabify and EasyTaxi, has raised $160m in funding from investors including-commerce firm Rakuten at a $1.4bn valuation, the Financial Times reported yesterday.
TheVentureCity, Endeavor Catalyst and GAT Investments also participated in the round, as did Liil Ventures, Western Technology Investments and undisclosed private investors according to TechCrunch, which said Rakuten invested through subsidiary Rakuten Ventures.
Cabify and EasyTaxi jointly operate across 14 countries in Southern Europe and Latin America and have…
