EXOR N.V. (“EXOR”), one of Europe’s leading family-controlled holding companies, announces that following receipt of US antitrust approval, it has completed its investment of $200 million to acquire an 8.87% shareholding on a fully diluted basis in Via Transportation Inc. (“Via” or “the Company”).
Via is a highly successful, rapidly growing technology company specialising in the dynamic, data-driven optimisation of public mobility systems in cities all around the world. EXOR will support Via in the next stage of its development that will involve further extending the proven power of the Company’s proprietary technology platform from the B2C to the B2B environment, changing the way people move around the cities wherever Via is present.
Noam Ohana - who leads EXOR Seeds, the early stage investment arm of EXOR - has joined the Board of Via as a Director of the Company.