Sustainable Mobility and Energy Storage Funding

Cabify secures €15 million loan from BBVA Spark to accelerate sustainable urban mobility goals, aiming for 100% zero-emission trips by 2025. Finnish startup Cactos raises over €26 million to expand its battery energy storage system portfolio, converting Tesla batteries into smart electricity storage units. Cactos plans to install approximately one thousand units in the coming years and aims for a €70 million capital goal to address the increasing demand for energy storage systems.