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Vay (Berlin Exit)

The business, the turning points, and the decisions behind them.

Founded2018
Event year2024
FundingUS$110M
ValuationUS$440M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Vay was a Berlin mobility startup founded in September 2018 by Thomas von der Ohe, Fabrizio Scelsi and Bogdan Djukic that pioneered 'teledriving': a teledrive-first approach to autonomous driving in which a human operator remotely drives the vehicle. Its team combined Silicon Valley software and product experience (Tesla, Google, Waymo, Zoox, Uber) with European automotive engineering, and it operated offices in Berlin and Portland, Oregon.

02 / FAILURE REASONS

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Vay was founded in Berlin by Thomas von der Ohe, Fabrizio Scelsi and Bogdan Djukic, teledriving on Berlin streets in secret for two years.

  2. Funding

    The company raised around 85 million euros in a round led by Kinnevik, Coatue and Eurazeo to launch a driverless, certified commercial mobility service.

  3. Commercial launch and EIB loan

    Vay launched its first commercial teledriving service in Las Vegas and received a 34 million euro venture loan from the European Investment Bank to create commercial services in Europe; it had previously conducted test drives without a safety driver on public roads in Hamburg.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.