CityBee is a leading car-sharing platform in the CEE region, operating in Lithuania, Latvia, and Estonia. Founded in 2012, the company aims to reduce traffic congestion and CO2 emissions by promoting car-free travel. Its services have removed as many as 15 thousand cars from the streets, highlighting the impact of shared mobility. CityBee is backed by a €110.00M Venture Round investment from Modus Group, LLC, a Netherlands-based conglomerate with interests in automotive, mobility services, renewable energy, and investment fund management. This backing aligns with CityBee's mission to revolutionize urban mobility, making it a promising investment opportunity in the Mobility, Platforms, Transportation, and Automotive sectors.
Funding Stage | Amount | No. Investors | Investors | Date |
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Venture Round | €110.00M | 1 | Modus Group, LLC | 14 Dec 2018 |
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