About Vay
Vay is a company based in Berlin (Germany) founded in 2018 by Fabrizio Ugo Scelsi, Bogdan Djukic, and Thomas Von der Ohe. Vay has raised $185 million across 4 funding rounds from investors including Eurazeo, European Investment Bank and Atomico. Vay operates in a competitive market with competitors including Phantom Auto, Ottopia, DriveU.auto, Scotty Labs and Voysys, among others.
- Headquarter Berlin, Germany
- Founders Fabrizio Ugo Scelsi, Bogdan Djukic, Thomas Von der Ohe
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Vay Technology Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$185 M (USD)
in 4 rounds
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Latest Funding Round
$60 M (USD), Series B
Nov 10, 2025
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Investors
Eurazeo
& 12 more
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Employee Count
Not available
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Funding Insights of Vay
Vay has successfully raised a total of $185M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Vay
Vay has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Eurazeo, European Investment Bank and Atomico.
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Finance and advisory services for infrastructure projects are provided.
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Project A is recognized as an early-stage venture capital firm focused on European startups.
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Venture capital investments are directed toward multiple sectors by Kinnevik.
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Investor details for Vay
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Investments & Acquisitions by Vay
Investment portfolio details for Vay
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Financial Statements - Vay
Detailed financials for Vay
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Vay Comparisons
Peer comparison for Vay
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Competitors of Vay
Vay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Phantom Auto, Ottopia, DriveU.auto, Scotty Labs and Voysys, among others.
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AI-powered remote safety support is offered for autonomous vehicles.
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Developer of AI-powered teleoperation solutions to remotely control autonomous vehicles
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Teleoperation of autonomous vehicles is facilitated by a tech-enabled platform.
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Teleoperations platform to virtually control self-driving vehicles
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Software for teleoperation of vehicles, machines, and robots is provided.
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Detailed competitors of Vay
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Latest news on Vay
Complete news archive for Vay
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Frequently Asked Questions about Vay
Vay was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Vay is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Thomas Von der Ohe is the current CEO of Vay. They have also founded this company.
Vay is a funded company, having raised a total of $185M across 4 funding rounds to date.
Vay was founded in 2018 in Berlin, Germany, within the electric mobility sector. An online platform is operated to deliver remote-driving and autonomy services for electric vehicles. Remote vehicle delivery by trained teledrivers, virtual driving sessions, fleet management tools, and GPS-free navigation are included among the features. Vehicles are requested via the app, driven by users, and handled autonomously for parking or retrieval afterward.
Vay's top competitors include Ottopia, Scotty Labs and Phantom Auto.
Vay has 13 investors. Key investors include Eurazeo, European Investment Bank, Atomico, Kinnevik, and Project A.