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Vay
Driverless mobility service
- 101-200 employees
- B2C
- Cars
- Transport
- Automation
- Tempelhof, Berlin, Germany
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Company mission
To speed up the rollout of driverless mobility services by using its remote human-assisted driving technologies to build trust in its services.
Otta's take
Xav Kearney
CTO of Otta
Driverless cars are often considered as the future of transport, but the AI-driven innovation is not yet powerful and safe enough to be made publically available. Furthermore, it is anticipated that many people would not trust AI-driven driverless cars regardless of their state of development, preferring to know that a human is behind the wheel.
Vay develops autonomous driving hardware powered by "teledriving", a system in which cars are driven remotely by humans. The German company will begin by providing orderable cars that can be driven manually by the customer but parked remotely by Vay staff, with future use cases including full remote rides, ride-sharing, last-mile delivery, and public transport.
Whilst other companies such as Mobileye have made plans to provide driverless cars to German cities, Vay is standing out with its unique focus on the trust of teledriving. Furthermore, the initial focus on autonomous parking will greatly speed up rollout and give the company a competitive edge.
Benefits
- We contribute to your monthly public transport ticket in Berlin so that it costs you <50% of the regular price
- You will be part of a highly committed, experienced, fun and international team from over 25 countries
- You'll be a part of improving transportation in metropolitan areas around the world - from Europe
- We offer healthy snacks, drinks and coffee in our modern waterfront office in Hamburg
- We have a generous, highly employee-friendly stock option plan and pay above industry standards
- We organize thoughtful & fun team events throughout the year
- We support highly flexible working policies where possible as well as support for your relocation – it doesn’t matter where you currently live
- We contribute to a FitX or UrbanSportsClub membership, plus free and all-day use of our Gravity Gym in the Berlin office
Company values
- Pioneering change
- Fuelling collaboration
- Driving action
- Building trust
- Creating magic
Funding (2 rounds)
Dec 2021
$95m
SERIES B
May 2019
$13.4m
SERIES A
Total funding: $108.4m
This company has top investors
Founders
Thomas von der Ohe
(Co-Founder & CEO)Experience as Senior Technical Program Manager for Amazon Lab126 between 2014 and 2016. Technical Program Manager for Zoox Inc. between 2016 and 2018. Co-founded Vay as CEO in 2018.
Fabrizio Ugo Scelsi
(Co-Founder & VP of Engineering)Founded autonomous driving company Mov.ING in 2014, acting as CTO until 2017.
Bogdan Djukic
(Co-Founder)Experience as a Senior Software Engineer for Microsoft between 2013 and 2017.