VNV Global AB (publ) (“VNV Global” or the “Company”) today announces it has invested USD 17 million in Voi’s new USD 115 million financing round. The financing round was led by Raine Group and VNV Global with participation from other existing and new investors including Inbox Capital, Nordic Ninja, Stena Sessan, Kreos Capital, Ilmarinen, Nineyards Equity and ICT Capital.

 
During 2021 Voi has achieved revenue growth of approx. 140% year on year, while increasing margins and profitability. Today Voi operates in more than 70 cities across 12 countries and has more than 6 million users that have completed more than 90 million rides since inception.

 
“Having invested in Voi since day one we are thrilled to see this three-year-old company establishing itself as the leading, most efficient micromobility operator in Europe. We are reaching a tipping point with micromobility where cities, led by their residents, are waking up to the full potential of this new mode of transport. Fully integrated with public transport, sustainably sourced and powered by renewable energy, Voi is putting itself far ahead of the competition as the grown-up, responsible operator-partner for cities.”

For further information please contact:

Björn von Sivers, Investor Relations: +46 8-545 015 50

About Us

VNV Global is an investment company with the business concept of using experience, expertise and a widespread network to identify and invest in assets with considerable potential for value appreciation. The company has a special focus on online marketplaces and businesses with strong network effects. The common shares of VNV Global are listed on Nasdaq Stockholm, Mid Cap segment, with the ticker VNV. For more information on VNV Global, visit www.vnv.global.

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VNV Global invests USD 17 million in Voi’s new USD 115 million financing round

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