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Vay provides an on-demand, by-the-minute electric car rental service powered by teledriving, where customers request a vehicle via an app and a trained teledriver remotely drives the car to the customer. The customer then takes control to drive, and a teledriver later handles parking or delivering the car to the next user. The company also licenses its teledriving technology to other businesses (B2B) and collaborates with autonomous trucking tech, such as Kodiak Robotics. Its service began in Las Vegas after launching in 2024, with offices in Berlin and Portland. Differences from competitors include operating a car without a person inside on public streets in both Europe and the U.S., a dual B2C and B2B model, and a focus on combining remote driving with fleet management to reduce ride costs. Vay aims to provide a more affordable mobility option, roughly half the price of traditional ride-hailing, while expanding teledriving to more cities and logistics applications.
Industries
Robotics & Automation
Automotive & Transportation
Industrial & Manufacturing
Enterprise Software
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$205.9M
Headquarters
Berlin, Germany
Founded
2018
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Total Funding
$205.9M
Above
Industry Average
Funded Over
4 Rounds
401(k) Retirement Plan
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Wellness Program
Gym Membership
Stock Options
Perks at Work Membership
401(k) Company Match
Remote Work Options
Hybrid Work Options
Nexar, an AI-powered mobility solutions provider, has partnered with Vay, the world's first commercial remotely driven car rental service, to integrate predictive safety technology into Vay's fleet. The partnership will embed Nexar's BADAS incident prediction model into Vay's remote driving platform in Las Vegas. BADAS uses AI trained on billions of miles of real-world driving data from Nexar's distributed vision network, which captures over 100 million miles monthly across US roads. The system aims to identify risks before incidents occur, supporting Remote Drivers operating vehicles from Vay's control centre. Vay, founded in 2018, has raised over $200 million from investors including Kinnevik, Coatue and Atomico. The company delivers electric vehicles remotely to customers who then drive themselves before returning control to remote operators.
Vay, a Berlin-based startup, is building a "driverless car" rental service that fully embraces remote driving—a technology most robotaxi companies avoid to maintain their autonomous credentials. Founded by two engineers and a former Zoox employee, Vay delivers cars without humans inside using remote operators. Customers then drive themselves before returning the vehicle remotely. The company operates a fleet of 100 Kia Niros in Las Vegas, with remote drivers controlling deliveries from office stations at speeds under 25 mph. CEO Thomas von der Ohe said the service costs roughly 50% less than Uber, charging $0.35 per minute whilst driving. One remote operator can manage 10 vehicles sequentially. The startup has raised over $200 million and completed 35,000 trips. Whilst autonomous features may be added gradually, von der Ohe said competing with robotaxis isn't the goal.
Vay offers an affordable on-demand car rental service enabled by remote driving technology. This investment enables Vay to scale and expand its operations in the U.S., while enhancing Grab’s mobility…
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Vay is launching is expanding its teledriving car service, an Uber-like service where your car is driven by someone in a remote location. The company is expanding its fleet of cars and building an 8,500-square-feet production facility in Las Vegas.You may not have heard about teledriving before, but I was able to try it out at CES 2024 last year. With Vay, you can order a car to come pick you up. A Vay driver sitting in a building with a bunch of screens in front of them will remotely drive the car to you
In October 2024, robotics investments reached $7.4 billion across 77 funding rounds, led by Waymo's $5.6 billion raise, marking the largest single round of the year. The total investment from January to October 2024 exceeded $20 billion. Autonomous driving tech companies dominated, with significant investments in Waymo, WeRide ($320 million), and Didi Woya ($298 million). The U.S. and China led in investment rounds, with the U.S. securing $6.4 billion and China $873 million.
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Industries
Robotics & Automation
Automotive & Transportation
Industrial & Manufacturing
Enterprise Software
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$205.9M
Headquarters
Berlin, Germany
Founded
2018
Find jobs on Simplify and start your career today