Grab Invests $60M in Vay's Remote-Controlled Cars
Update: 2025-11-10
Description
German startup Vay, offering remote-controlled rental cars, secures $60M investment from Singaporean tech giant Grab. This initial funding, pending regulatory approval, aims to expand Vays presence in the U.S. market. Vays unique approach, using human operators to remotely drive rental cars, has been operational in Las Vegas since January. Grabs investment will help Vay grow and explore potential integration with Grabs existing services in Southeast Asia.
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