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Voi Technology secures €150 million revolving credit facility to redeem outstanding bonds and scale its fleet. The funding will be used to refinance existing credit and support fleet expansion.
Amount Raised
€150 Million
Round Type
Debt Financing
StockholmTransportationAutomotiveInvestors
Description
Voi Technology, a Stockholm-based e-scooter and e-bike sharing company, has signed a €150 million revolving credit facility with three Nordic banks. The facility will allow Voi to redeem its outstanding bonds and support its fleet expansion. This move follows strong cash flow generation and significant growth in revenue and EBITDA. Voi currently operates over 200k vehicles across Europe.
Fundz sees it the moment Voi Technology raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Voi Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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