Close Menu
Fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Emerging Croatian Startup Aims to Disrupt Robotaxi Market with Support from Uber

March 26, 2026

Rhino.fi Introduces Stablecoin Pegged 1:1 to Minimize Hidden Settlement Spreads for Fintech Companies

March 26, 2026

Delve Conducts Security Compliance Review for LiteLLM Following Malware Incident

March 26, 2026

WealthReach Introduces AI-Driven SEO and AEO Engine for Financial Advisors

March 26, 2026
Facebook X (Twitter) Instagram
Trending
  • Emerging Croatian Startup Aims to Disrupt Robotaxi Market with Support from Uber
  • Rhino.fi Introduces Stablecoin Pegged 1:1 to Minimize Hidden Settlement Spreads for Fintech Companies
  • Delve Conducts Security Compliance Review for LiteLLM Following Malware Incident
  • WealthReach Introduces AI-Driven SEO and AEO Engine for Financial Advisors
  • Current Developments in the Manus Narrative are Predictably Unfolding
  • Bitget Wallet Introduces Stablecoin Payouts for bKash and Nagad in Bangladesh
  • Deccan AI Secures $25 Million in Funding and Hires Experts from India to Compete with Mercor
  • LGT Wealth Management UK Chooses Addepar Platform
Facebook X (Twitter) Instagram Pinterest Vimeo
Fintechbits
  • News

    Rhino.fi Introduces Stablecoin Pegged 1:1 to Minimize Hidden Settlement Spreads for Fintech Companies

    March 26, 2026

    WealthReach Introduces AI-Driven SEO and AEO Engine for Financial Advisors

    March 26, 2026

    Bitget Wallet Introduces Stablecoin Payouts for bKash and Nagad in Bangladesh

    March 26, 2026

    LGT Wealth Management UK Chooses Addepar Platform

    March 26, 2026

    M1X Global Secures $3 Million for Expansion in On-Chain Sovereign Finance

    March 25, 2026
  • AI

    Central African Republic’s Fintech Developments and Broader Digital Initiatives in 2026

    March 24, 2026

    The Fintech Ecosystem of Cabo Verde in 2026: Insights from an African Nation

    March 22, 2026

    Your Next Customer Might Not Be Human. Is Your Business Ready?

    March 3, 2026

    Why AI Quoting Will Split the Trades Industry in Two

    February 26, 2026

    How Fintech Companies Balance AI Automation With Human Expertise in Regulated Finance

    February 25, 2026
  • Acquisitions

    Regnology Expands Portfolio with Addition of Invoke to Strengthen RegTech Presence

    March 25, 2026

    FinTech Acquisition Activity Declines More Than Other Sectors in the First Half of 2023

    March 24, 2026

    LATAM FinTech Investments Decrease 31% Year-over-Year Amid Growing Investor Caution

    March 23, 2026

    UK FinTech Deal Activity Declines by 61% Amid Five-Year Low in Investment

    March 22, 2026

    European FinTech Transactions Exceeding $100 Million Rise by 2.6 Times Quarter-over-Quarter as Funding Rebounds in Q1 2025

    March 22, 2026
  • Trends

    Brazil Maintains Leadership in LatAm FinTech Market in Q2 Despite 77% Year-over-Year Decline in Deal Activity

    March 22, 2026

    We Asked 9 Industry Leaders: What Fintech Tool Made the Biggest Difference to Your Accounts Receivable?

    March 21, 2026

    Client Churn Data Is a Better Default Predictor Than a Balance Sheet

    March 20, 2026

    European FinTech 2025 Is Back and Means Business

    March 16, 2026

    Subscription Payment Fatigue Is Coming for Children’s Services

    March 16, 2026
  • Insights

    California Firms Led the US FinTech Market, Executing One-Third of All Deals in 2025

    March 25, 2026

    Fintech Marketing Agencies: 5 Critical Reasons Startups Hire Them Before CFOs

    March 25, 2026

    European WealthTech Investment Doubles in Q4 2025 Driven by Investor Optimism

    March 25, 2026

    SME Supplier Failures: 7 Leaders Reveal How Deep-Tier Finance Prevents Collapse

    March 25, 2026

    Decline in LatAm FinTech Funding in 2025 Fueled by 42% Reduction in Transactions Exceeding $100 Million

    March 25, 2026
  • Rumors

    Gilead Snaps Up Arcellx in $7.8B Most cancers Drug Deal

    March 14, 2026

    Tilly’s Inventory Pops After This autumn Earnings Shock

    March 14, 2026

    Elliott and Jana Take Recent Actions Alongside Other Speculations

    February 22, 2026

    Hank Payments (TSX) Rises to CAD 0.26 on February 18, 2026: Catalyst Analysis

    February 19, 2026

    Abivax CEO refers to Eli Lilly acquisition speculation as a diversion.

    February 8, 2026
  • Startups

    Emerging Croatian Startup Aims to Disrupt Robotaxi Market with Support from Uber

    March 26, 2026

    Delve Conducts Security Compliance Review for LiteLLM Following Malware Incident

    March 26, 2026

    Current Developments in the Manus Narrative are Predictably Unfolding

    March 26, 2026

    Deccan AI Secures $25 Million in Funding and Hires Experts from India to Compete with Mercor

    March 26, 2026

    AI Company Reports Significant Skills Gap in AI, with Power Users Advancing Ahead

    March 25, 2026
  • finjobsly
Fintechbits
Home » Emerging Croatian Startup Aims to Disrupt Robotaxi Market with Support from Uber
Startup News

Emerging Croatian Startup Aims to Disrupt Robotaxi Market with Support from Uber

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Verne Uber Pony Partnership.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Rimac’s Vision for Urban Electric Robotaxis Takes Shape

Mate Rimac, the founder of the Croatian electric vehicle manufacturer Rimac Group, embarked on the journey to develop electric robotaxis seven years ago. His vision is now becoming a reality, thanks to a strategic partnership formed between Uber, the Chinese autonomous vehicle company Pony.ai, and Rimac’s own robotaxi startup, Verne.

Launch Plans for Robotaxi Service in Europe

On Thursday, the three firms unveiled their plans to introduce a commercial robotaxi service in Europe, beginning in Zagreb, Croatia. Pony.ai will provide its autonomous driving technology along with the Arcfox Alpha T5 robotaxi, which was developed in collaboration with Chinese automaker BAIC. In this venture, Verne will manage and operate the fleet, while Uber will leverage its extensive ride-hailing network to facilitate the service.

Investment from Uber and Future Expansion

Uber has expressed its intention to invest an undisclosed sum into Verne, aiming to bolster its strategic partnership and support future growth opportunities.

Testing Underway as Companies Prepare for Launch

While the companies have not disclosed a precise launch date for the commercial service, they have confirmed that on-road testing is already taking place in Zagreb, the home city of Rimac Group.

Growing Ambitions of Verne Despite Limited Recognition

Although Verne lacks the widespread recognition of industry giants like Waymo or Tesla—especially in the United States—it shares similar ambitious goals. Established in 2019 as Project 3 Mobility within Rimac Group, Verne is part of a growing ecosystem that includes Rimac Bugatti, Rimac Energy, and Rimac Technology, with Mate Rimac holding a 23% stake in the enterprise.

Funding and Insights into Future Plans

Occasional updates about Verne’s progress were shared over the years, but it wasn’t until July 2024 that the company officially launched with €100 million in funding, providing a clearer picture of its objectives.

Purpose-Built Robotaxis for Urban Environments

Rimac has always envisioned Verne operating an urban robotaxi service consisting of purpose-built two-seater electric vehicles. Despite the contrast to his other venture, the Nevera—a high-end electric hypercar priced around $2.2 million—Rimac clarified that his focus is on creating automated vehicles rather than high-volume consumer EVs, based on his belief that autonomous technology will render traditional driving obsolete.

Focusing on Backend Infrastructure

While Verne is not developing its own self-driving technology, the company is concentrating on crafting the urban electric vehicle, the ride-hailing app, and the necessary backend systems to manage the fleet, including cleaning and maintenance protocols.

Plans for Manufacturing and Initial Service Offerings

Verne aims to manufacture its robotaxi electric vehicles at a new factory in Lučko, Croatia, which is expected to commence operations later this year. Although the company has yet to launch its own two-seater vehicles, it indicated in November that it had produced and tested 60 verification prototypes.

Small-Scale Launch with Ambitious Expansion Plans

Initially, the Verne robotaxi service will utilize the Pony.ai-BAIC Arcfox Alpha T5 vehicle. Users will be able to request rides through Uber and Verne’s own app. While the commercial launch will begin on a modest scale, Verne has ambitious plans to expand its fleet to thousands of robotaxis in the coming years. CEO Marko Pejkovic emphasized the need for autonomous mobility solutions in Europe, underscoring the goal of transitioning from testing phases to a fully operational service beginning in Zagreb and eventually reaching new markets.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Delve Conducts Security Compliance Review for LiteLLM Following Malware Incident

March 26, 2026

Current Developments in the Manus Narrative are Predictably Unfolding

March 26, 2026

Deccan AI Secures $25 Million in Funding and Hires Experts from India to Compete with Mercor

March 26, 2026
Leave A Reply Cancel Reply

Latest news

Emerging Croatian Startup Aims to Disrupt Robotaxi Market with Support from Uber

March 26, 2026

Rhino.fi Introduces Stablecoin Pegged 1:1 to Minimize Hidden Settlement Spreads for Fintech Companies

March 26, 2026

Delve Conducts Security Compliance Review for LiteLLM Following Malware Incident

March 26, 2026
News
  • AI in Finance (2,159)
  • Breaking News (273)
  • Corporate Acquisitions (89)
  • Industry Trends (55)
  • Jobs Market News (338)
  • Market Insights (328)
  • Market Rumors (308)
  • Regulatory Updates (217)
  • Startup News (1,430)
  • Technology Innovations (224)
  • uncategorized (11)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (2,159)
  • Breaking News (273)
  • Corporate Acquisitions (89)
  • Industry Trends (55)
  • Jobs Market News (338)
  • Market Insights (328)
  • Market Rumors (308)
  • Regulatory Updates (217)
  • Startup News (1,430)
  • Technology Innovations (224)
  • uncategorized (11)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2026 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.