US EditionTrue Global Ventures Invests €2.84 Million in BUSUP to Accelerate Global Growth
- True Global Ventures invested €2.84 million through its Opportunity Fund in Busup on May 9, 2025, to support its growth from Barcelona.
- This follow-on funding follows an initial €1.1 million investment via TGV4, reflecting TGV's commitment to Busup's scalable corporate mobility platform.
- Founded in 2016 by Rui Fernandes, Busup manages over 700,000 monthly rides globally with advanced technology and a network of 170+ local operators.
- Konrad Wawruch, Founding Partner at TGV, stated they are proud to strengthen the partnership at this pivotal moment, highlighting Busup's strong growth and sustainability.
- Busup plans to use the funds to expand operations, aiming to reach €10 million ARR soon and reinforcing its role in cost-efficient, sustainable shared mobility solutions.
11 Articles
11 Articles
Mohave Daily News
True Global Ventures Invests €2.84 Million in BUSUP to Accelerate Global Growth
SAN FRANCISCO and BARCELONA, Spain, May 9, 2025 /PRNewswire/ -- True Global Ventures (TGV), a global venture capital firm backing serial entrepreneurs in AI, blockchain transformative applications, has announced a new investment of €2.84 million (US$3.21 million) in BUSUP, a…
Busup Raises €2.84M in Funding
Busup, a Barcelona, Spain-based platform for corporate and school shared mobility, raised €2.84 million in funding. True Global Ventures made the investment through TGV’s Opportunity Fund (TGV5), reinforcing the firm’s long-term support following an initial €1.1m investment via TGV4. The company intends to use the funds to expand operations and its business reach globally. Founded […] The post Busup Raises €2.84M in Funding appeared first on Fin…
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