What is Vay?
Vay is a deep technology enterprise dedicated to revolutionizing urban mobility through its proprietary teledrive-first autonomous driving platform. Unlike traditional autonomous systems that rely solely on onboard artificial intelligence, Vay integrates human-in-the-loop remote driving, which allows for immediate intervention and enhanced safety protocols. This hybrid model has enabled the company to operate safety-certified fleets across Berlin, effectively bridging the gap between current technological limitations and the future of fully autonomous public transportation. By focusing on a teledrive-first architecture, Vay addresses the complex regulatory and safety hurdles that have historically hindered the widespread adoption of driverless vehicles in dense European urban environments.
How much funding has Vay raised?
Vay has raised a total of $278.9M across 4 funding rounds:
Series A
$30M
Series B
$95M
Other Financing Round
$93.9M
Unspecified
$60M
Series A (2021): $30M with participation from Atomico, Creandum, and La Famiglia
Series B (2021): $95M led by Coatue, Kinnevik, and Eurazeo
Other Financing Round (2022): $93.9M supported by Kinnevik, Coatue, and Eurazeo
Unspecified (2025): $60M featuring Grab
Key Investors in Vay
Coatue
Coatue Management is a prominent hedge fund sponsor and private equity firm that provides strategic capital to high-growth technology companies globally.
Kinnevik
Kinnevik is an industry-focused investment firm that partners with visionary founders to build and scale digital consumer businesses with long-term social and shareholder value.
Eurazeo
Eurazeo is a leading global investment company that supports the transformational growth of businesses through deep sector expertise and a flexible, long-term investment horizon.
What's next for Vay?
With the recent influx of capital, Vay is poised to execute its roadmap for the launch of the first safety-certified, commercial driverless fleet on European public roads. The strategic focus will likely shift toward scaling operations, refining the teledrive infrastructure, and navigating the final regulatory milestones required to transition from human-supervised testing to fully autonomous commercial service. As the company matures, the emphasis will remain on maintaining its competitive edge in the deep-tech mobility space, ensuring that its fleet operations remain both scalable and compliant with evolving European safety standards. This phase of development represents a pivotal moment for Vay as it seeks to transform the urban transportation landscape through its innovative, human-centric autonomous technology.
See full Vay company page
