Mubadala

Mubadala Investment Company, established in 2002 by the Government of Abu Dhabi, serves as a principal agent in the diversification of Abu Dhabi's economy. With a focus on generating sustainable financial returns, Mubadala manages a global portfolio of approximately $229 billion, encompassing a wide range of sectors, including aerospace, information and communication technology, semiconductors, renewable energy, healthcare, and real estate. The company is based in Abu Dhabi, with additional offices in key global cities such as Rio de Janeiro, Moscow, New York, and San Francisco. Mubadala is dedicated to addressing pressing regional needs, particularly in healthcare, while also emphasizing strong governance and responsible investment practices. As a trusted partner and engaged shareholder, Mubadala plays a significant role in fostering economic growth and innovation both locally and internationally.

Khalid Al-Rumaihi

Executive Director

Abdulla AlBanna

Partner

Saed Arar

Executive Director

Max Holnaicher

Principal

Ana Mostarac

Partner and Head of Operations

Khaldoon Khalifa Al Mubarak

CEO

Past deals in Ride Sharing

TIER Mobility

Convertible Note in 2023
TIER Mobility GmbH is a shared micro-mobility provider based in Berlin, Germany, specializing in electric vehicles for local commuting. Founded in 2018, the company offers a variety of light electric vehicles, including e-scooters, e-bikes, and e-mopeds, all accessible through a user-friendly application that allows customers to locate and book vehicles easily. TIER aims to transform urban transportation by reducing reliance on cars and promoting climate-neutral solutions that contribute to a sustainable future. Through its proprietary Energy Network, TIER is committed to fostering environmentally friendly mobility options in cities.

Spotnana

Series B in 2022
Spotnana is the travel platform that connects humanity. We are modernizing the infrastructure of the travel industry in order to bring freedom, simplicity, and trust to travelers everywhere. Our groundbreaking Travel-as-a-Service platform revolutionizes travel for corporations and consumers, modernizes how travel suppliers sell their inventory, and enables any company to provide the world’s best global travel experiences to their customers. To learn more, visit spotnana.com.

TruKKer

Series B in 2022
TruKKer is a technology-enabled truck aggregator that operates multiple truck types for multiple end markets. The company integrates demand and supply for land freight services. The network is built on real-time data analytics that creates reliability, transparency, and utilization-based savings for Shippers and thousands of transporters. The network’s rapid growth and scale are creating multiple opportunities through data monetization and consolidated procurement. Trukker's cloud-based freight solutions offer end-to-end coverage and a full-service portfolio for shippers, carriers, and businesses alike. It was founded in 2016 and is based in Abu Dhabi, UAE.

Cazoo

Post in 2022
Cazoo is an online used car marketplace designed to transform the way people buy, finance, or rent used cars. Its platform lets users buy, finance, or rent a used car entirely online and have it delivered to their door within hours. The company was founded in 2018 and is headquartered in London, England.

Grab

Post in 2021
Grab Holdings Inc., based in Singapore, is a prominent mobile technology platform operating in Southeast Asia. Founded in 2012, the company offers a wide range of services, including ride-sharing through GrabTaxi and GrabCar, and food and grocery delivery. Grab also provides financial services, such as payments, consumer loans, and insurance, catering to both merchants and consumers. Its platform connects drivers and customers, generating revenue primarily through commissions from ride-sharing and food delivery services. Grab operates in eight countries, including Singapore, Indonesia, and Malaysia, where it holds a significant market share. The company has expanded its offerings to include various options for transportation and delivery, as well as a mobile wallet for seamless transactions. Grab continues to face competition from other regional players, such as Foodpanda and Gojek.

Embark Trucks

Post in 2021
Embark Trucks Inc. specializes in developing self-driving truck technology and highway autopilot systems aimed at enhancing commercial trucking efficiency. Founded in 2015 and based in San Francisco, the company designs artificial intelligence software specifically for long-haul transportation. Embark has achieved significant milestones in automated trucking, including successful cross-country drives and the ability to operate in challenging weather conditions such as rain and fog. The company has assembled a team of engineers with backgrounds from prominent organizations like Tesla, Google, Audi, and NASA, supported by a professional operations team that averages over a million miles of driving experience per member. Embark collaborates with carriers, truck manufacturers, and tier-one suppliers to provide operational savings and improve weight management and disturbance performance in freight and logistics services.

Spotnana

Series A in 2021
Spotnana is the travel platform that connects humanity. We are modernizing the infrastructure of the travel industry in order to bring freedom, simplicity, and trust to travelers everywhere. Our groundbreaking Travel-as-a-Service platform revolutionizes travel for corporations and consumers, modernizes how travel suppliers sell their inventory, and enables any company to provide the world’s best global travel experiences to their customers. To learn more, visit spotnana.com.

Archer

Post in 2021
Archer is an aerospace company based in the San Francisco Bay Area, dedicated to creating an all-electric vertical takeoff and landing aircraft aimed at enhancing urban mobility. The company focuses on sustainable air travel through the design, manufacturing, and operation of a fully electric aircraft capable of transporting four passengers for distances of up to 60 miles at speeds reaching 150 mph, all while minimizing noise pollution. Archer's mission is to promote the benefits of sustainable air mobility in urban environments, positioning itself as a key player in the future of transportation.

Borzo

Series C in 2021
Borzo is a global delivery service specializing in same-day intracity delivery. It employs advanced algorithms to optimize multiple concurrent deliveries by considering factors such as geographical routes, package contents, and couriers. This technology ensures efficient and timely delivery for a diverse clientele, including small and medium-sized enterprises as well as larger businesses. Borzo operates in several countries, including Brazil, India, Indonesia, Mexico, and Turkey, and serves millions of customers by providing reliable delivery solutions tailored to their specific needs.

Hala

Series A in 2021
Hala Insurance, founded in 2020, aims to provide insurance coverage to the 500 million individuals residing in the MENA region. The company focuses on transforming the traditional insurance landscape by offering affordable and rapid online car and home insurance solutions. By leveraging technology, Hala seeks to make the insurance process more accessible and efficient for its customers. The company is part of a broader trend of innovation in the insurance sector, which includes the use of blockchain technology for sharing insurance information, as exemplified by other startups in the region.

Cazoo

Post in 2021
Cazoo is an online used car marketplace designed to transform the way people buy, finance, or rent used cars. Its platform lets users buy, finance, or rent a used car entirely online and have it delivered to their door within hours. The company was founded in 2018 and is headquartered in London, England.

Paceline

Series A in 2021
Paceline is bringing together the worlds of health & wellness and financial services to change the nature of preventive health in society. We’re building a best-in-class fitness rewards platform and innovative financial ecosystem, powered by physical activity, with the goal of helping people live longer, healthier, and better lives.

Waymo

Private Equity Round in 2021
Waymo stands for a new way forward in mobility. it is a self-driving technology company with a mission to make it safe and easy for people and things to move around. Waymo improves transportation by building software and sensor technology developed in Google’s labs since 2009. In October 2015, they achieved the world’s first fully self-driving trip on public roads, in a car without a steering wheel or pedals. They refine Waymo technology through one billion miles of simulation testing each year, and the cars have self-driven over two million miles on public roads across four U.S. cities.

TIER Mobility

Series C in 2020
TIER Mobility GmbH is a shared micro-mobility provider based in Berlin, Germany, specializing in electric vehicles for local commuting. Founded in 2018, the company offers a variety of light electric vehicles, including e-scooters, e-bikes, and e-mopeds, all accessible through a user-friendly application that allows customers to locate and book vehicles easily. TIER aims to transform urban transportation by reducing reliance on cars and promoting climate-neutral solutions that contribute to a sustainable future. Through its proprietary Energy Network, TIER is committed to fostering environmentally friendly mobility options in cities.

REEF

Private Equity Round in 2020
REEF is a network of mobility and urban logistics hubs in North America, consisting of 4,500 locations and a workforce of 15,000 associates across 200 cities. The company focuses on transforming underutilized urban spaces into neighborhood hubs that cater to the needs of cities, residents, and businesses. By leveraging technology, REEF provides solutions for parking, micro-fulfillment, and delivery that reduce congestion and support environmentally friendly practices. Each hub functions as a connected ecosystem that enhances the efficiency of goods and services delivery in densely populated areas. REEF's strategic design incorporates buffer zones, which allow delivery and rideshare vehicles to operate effectively, thereby alleviating city traffic. The organization aims to redefine urban possibilities and create vibrant community hubs that foster sustainable growth.

Xpeng Motors

Series C in 2020
Xpeng Motors is an electric vehicle and technology company based in China that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and consumer experience, integrating autonomous driving capabilities and internet-based technologies into its vehicles. This holistic approach aims to enhance the functionality and appeal of its cars. Additionally, Xpeng Motors has an affiliate, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem. Together, these efforts position Xpeng Motors as a significant player in the evolving landscape of smart transportation.

Waymo

Venture Round in 2020
Waymo stands for a new way forward in mobility. it is a self-driving technology company with a mission to make it safe and easy for people and things to move around. Waymo improves transportation by building software and sensor technology developed in Google’s labs since 2009. In October 2015, they achieved the world’s first fully self-driving trip on public roads, in a car without a steering wheel or pedals. They refine Waymo technology through one billion miles of simulation testing each year, and the cars have self-driven over two million miles on public roads across four U.S. cities.

Glovo

Series E in 2019
Glovo is a Barcelona based start-up that is transforming the way consumers access local goods, enabling anyone to get nearly any product delivered in less than 60 minutes. They are currently present in Spain, Italy, Portugal, France, Argentina, Chile, Bolivia, Peru, and many more to come. Glovo’s mobile application connects customers with independent local couriers, who acquire goods from any restaurant or shop in a city and also deliver urgent packages for a variable fee. The mobile app allows users to find and place orders with their favorite restaurants which are picked up when ready and delivered to the user's doorstep. The platform’s features include geolocation, which allows customers to track their deliveries in real-time and locate the nearest glover (courier), thus optimizing speed and distance. It´s like a new personal courier available to everyone that runs your errands immediately and on-demand.

Embark Trucks

Series C in 2019
Embark Trucks Inc. specializes in developing self-driving truck technology and highway autopilot systems aimed at enhancing commercial trucking efficiency. Founded in 2015 and based in San Francisco, the company designs artificial intelligence software specifically for long-haul transportation. Embark has achieved significant milestones in automated trucking, including successful cross-country drives and the ability to operate in challenging weather conditions such as rain and fog. The company has assembled a team of engineers with backgrounds from prominent organizations like Tesla, Google, Audi, and NASA, supported by a professional operations team that averages over a million miles of driving experience per member. Embark collaborates with carriers, truck manufacturers, and tier-one suppliers to provide operational savings and improve weight management and disturbance performance in freight and logistics services.

Turvo

Series B in 2018
Turvo Inc. operates a real-time collaborative logistics platform that connects shippers, brokers, and carriers to enhance supply chain management. The company provides a Transportation Management System (TMS) that facilitates seamless communication and collaboration among various stakeholders, including freight brokers, 3PLs, and logistics service providers. Turvo's solutions allow users to track assets, drivers, and freight in real time, manage tasks, create and track digital invoices, and receive updates on shipments. Additionally, the platform offers features such as order consolidation, carrier matching based on availability and performance, and data synchronization with various business systems. Founded in 2014 and headquartered in Sunnyvale, California, with an office in India, Turvo serves a diverse clientele, including Fortune 500 companies and small to mid-sized freight brokers, aiming to streamline operations and improve customer experiences within the logistics industry.

Deliver

Series B in 2018
Deliver is a Moscow-based company founded in 2014 that offers a web-based platform designed to streamline the transportation of goods across various modes. The platform caters to logistics businesses and provides a fully automated process, enhancing flexibility and convenience in transportation requests. Deliver focuses on improving efficiency in truck utilization while ensuring comprehensive financial and legal responsibility for cargo safety. By prioritizing comfortable and secure transportation services, the company enables timely payments for carriers, thereby supporting the broader e-commerce and logistics sectors.

Didi

Private Equity Round in 2017
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi-hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation.
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