Project 3 Mobility, a Zagreb, Croatia-based company developing a urban autonomous mobility ecosystem, raised an undisclosed amount in Series A funding.
The round, which brought the total amount to €100M, saw participation from TASARU Mobility Investments. In previous stages of development, the company secured investments from Kia, one of South Korea’s automotive manufacturers. Other strategic investors are also supporting it, such as Bulgarian software company SiteGround, Croatian IT company Infinum, and Rimac Group – a provider of premium and luxury technology solutions in the mobility and energy sectors being the sole owner of Rimac Technology and majority shareholder of Bugatti Rimac. Additional key investors are Neurone, an investment group focused on advanced technologies, and Elaf Auto, a company based in Qatar.
The company intends to use the funds to accelerate development efforts and support further growth of the team, which will expand significant in the years to come.
Led by Marko Pejković, Chief Executive Officer, Project 3 Mobility (P3) is developing its own autonomous electric vehicle, specialised infrastructure, and mobility service.