Background
Founded in 2015 as a spinoff of the "Politecnico di Torino", Italy, and in collaboration with TaxiTorino, Wetaxi was the first application in Europe to introduce real-time shared taxi services, and the first in Italy to offer transparency through the Guaranteed Maximum Fare
Deal Summary
Wetaxi, the digital platform that allows users to book and share taxis via smartphone while ensuring transparency through a guaranteed maximum fare, has announced the completion of a €2 million capital increase. This funding will enable the startup to financially support its business development plan, aimed at expanding services for taxi cooperatives and citizens throughout Italy
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