EBRD Participates in US$3.2 Million Series A Round for GoOpti (CEE and CIS)

Source: TechCrunch, FinSMES  |  Author(s): Steve O’Hear

The European Bank for Reconstruction and Development (EBRD), along with Europe-focused venture capital firms RTA Ventures and Point Nine Capital, has participated in a EUR2.9 million (approximately US$3.2 million) Series A round for GoOpti, a Slovenia-based ride-sharing platform for shuttle bus services. In conjunction with the investment, the company also received a EUR1.5 million (approximately US$1.7 million) grant from the European Union’s Horizon 2020 program. GoOpti will use the funds for geographic expansion in the region.