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Israel-founded ride-sharing firm Via raises $130M at $3.3B valuation

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Israel-founded ridesharing firm Via Transportation said Tuesday that it raised $130 million in new funding at a valuation of $3.3 billion.

The funding round was led by Janus Henderson, a British global asset management group, with participation from funds and accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies, and Exor, an existing investor.

Via, founded in 2012 by Daniel Ramot and Oren Shoval, has developed an on-demand ride-sharing service: its mobile app connects multiple passengers who are headed the same way, allowing them to share a vehicle. The company also works with cities and public agencies to plan transportation systems.

Via said it is eyeing the recently passed Infrastructure Deal in the United States that will see an “unprecedented $91 billion annually in new and reauthorized funding guaranteed for public........

© The Times of Israel

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