After raising $2.1 million, this Russian truck driving startup wants to become a unicorn

Fura, a Moscow-based startup offering high-tech services to truck drivers, has raised 160 million rubles ($2.1 million at the current exchange rate) in a Series A round led by an unnamed Swiss-Russian fund. Alexander Popov, Svyatoslav Vilde and other individual investors also took part in the round.

The fresh funding will be used to strengthen the development team, offer new services, digitalize transportation processes, enrol new customers and enter new markets.

Founded in 2017, Fura claims it is already profitable with revenues reaching some 100 million rubles in September 2020 (around $130,000 at that time’s exchange rate). Its application is used by more than 150,000 truck drivers, according to company information. Among its corporate customers are Auchan, Coca Cola, Danone, PepsiСo, GazpromNeft, Sibur, X5 and other companies. 

While the latest round valued Fura at 1.4 billion rubles ($18.6 million), its founders have plans to raise the valuation to $1 billion in the future.

Source: VC.RU

Topics: Automotive & Driverless, Finance, International, Mobility, Mobility Services, News, Startups, Venture / Private equity
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