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NAVYA INCREASES ITS CAPITAL IN ORDER TO “DESIGN AND BUILD THE TRANSPORT OF THE FUTURE WITH NAVYA”

19 January 2016

NAVYA INCREASES ITS CAPITAL IN ORDER TO “DESIGN AND BUILD THE TRANSPORT OF THE FUTURE WITH NAVYA”

Recently, NAVYA has announced that it has secured 4.1 million euros in funding. This increase in capital is designed to finance its international growth.

Initially, NAVYA’s initial funding came from Robolution Capital, an investment fund created by Bruno Bonnell and Orkos Capital and from the company’s CEO, Christophe Sapet.

New partners joined the investor pool:
• CapDecisif Management with the FRCI Fund (Fonds Régional de Co-investissement de la Région Ile de France) represented by by Yvan-Michel Ehkirch;
• investment holding company GRAVITATION, founded by Charles Breigbeder;
• a group of Business Angels and company employees.

“This additional funding has given NAVYA the means to accelerate its development in Europe and indeed worldwide. We are delighted that Gravitation and CapDecisif Management with the FRCI have placed their trust in us. Furthermore, the fact that some of the company’s employees and several Business Angels have chosen to participate in this funding demonstrates solidarity within the teams. We all have one idea in mind and that is to design and build the transport of the future with NAVYA”, commented Christophe Sapet.

 

ABOUT NAVYA

A pioneer and specialist in the autonomous vehicle market, NAVYA assists cities and private sites around the world in improving their transport offer with its autonomous, driverless and electric solutions. At the cutting edge of technology, NAVYA revolutionizes trips by offering fluid mobility solutions.

(Boiler plate) NAVYA’s impact is international. Its multidisciplinary team of experts is motivated by one principle objective: offering new mobility solutions that are more intelligent and more fluid, thereby taking part in the sustainable transformation of everyday life.

NAVYA benefits from an overall vision and expertise in automobile technology and software solutions which include perception, visualization, navigation, geolocation, telecommunications and automobile manufacturing.

Indeed, at our 5 sites located in France and the United States, our 150 employees combine their complementary skills in Research & Development, Design and Production, to conceive and develop our range of autonomous, driverless and 100% electric vehicles. These are vehicles that merge motor, digital and robotic technology and are capable of solving the problem of the first and last mile, both in cities and on private sites.

In Europe, the United States and in Asia and the Pacific, over 50 AUTONOM SHUTTLES are already in service (September 2017) and more than 180,000 passengers have already benefited from this innovative mobility solution, in cities or on private sites.