On January 22, 2018, Maxi Mobility Inc., the operator of Cabify, a ride-sharing app based in Madrid and active in Spain, Portugal, and Latin America, announced that it has closed a $160 million Series E round of financing. Wilson Sonsini represented Cabify and its parent company, Max Mobility, in the transaction.
According to press reports, the Series E comes from both previous and new investors, including Rakuten Capital, TheVentureCity, Endeavor Catalyst, GAT Investments, Liil Ventures and WTI, as well as local prominent investors from Spain and Latin America.