🏆 Deal of the Week · CW 6/2024
Project 3 Mobility raised USD 107 million in a Series A round; the post-money valuation was not disclosed. The round was led by TASARU Mobility Investments. The deal was recognised as Venionaire DealMatrix Deal of the Week for KW 6/2024.
Project 3 Mobility — key deal facts
| Company | Project 3 Mobility |
| Founded | 2019 |
| Headquarters | Zagreb, Croatia |
| Amount raised | USD 107M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series A |
| Investors | TASARU Mobility Investments |
| Sectors | Autonomous Mobility |
Who invested in Project 3 Mobility?
TASARU Mobility Investments is the sole disclosed investor in this Series A. The backing of a dedicated mobility-focused investment vehicle signals strong conviction in the autonomous urban transport thesis. No additional co-investors were disclosed alongside this round.
What does Project 3 Mobility do?
Project 3 Mobility, now rebranded as Verne, was founded in 2019 and is headquartered in Zagreb, Croatia, with an R&D office in Wellesbourne, United Kingdom. The company develops a fully integrated urban autonomous mobility ecosystem comprising a purpose-built autonomous electric robotaxi, the supporting infrastructure required to operate it, and a Mobility-as-a-Service platform. Its first commercial robotaxi service is planned for launch in Zagreb in 2026. The company was co-founded by Mate Rimac, Marko Pejković — who serves as CEO — and Adriano Mudri.
Project 3 Mobility valuation & multiples
No multiples analysis is available for this transaction, as the post-money valuation was not disclosed. Once valuation data becomes public, EV/Sales and EV/EBITDA benchmarks from the Autonomous Mobility sector will be applicable. Visit the Autonomous Mobility sector multiples pages on DealMatrix for current peer-group trading ranges.
Explore the benchmarks: Series A.
Frequently asked questions
How much did Project 3 Mobility raise in its Series A?
Project 3 Mobility raised USD 107 million in its Series A round, recognised as Deal of the Week for KW 6/2024.
What is Project 3 Mobility's valuation?
The post-money valuation of Project 3 Mobility was not disclosed in connection with this Series A round.
Who invested in Project 3 Mobility?
TASARU Mobility Investments led and is the sole disclosed investor in Project 3 Mobility's Series A round.
When was Project 3 Mobility founded and where is it based?
Project 3 Mobility was founded in 2019 and is headquartered in Zagreb, Croatia, with an R&D office in Wellesbourne, United Kingdom.
Source: original announcement — read the full report.