TASARU Mobility Investments makes an investment in HOLON, a smart public transport vehicle developer

TASARU Mobility Investments makes an investment in HOLON, a smart public transport vehicle developer Salzburg/Paderborn/Riyadh, February 8th, 2024. TASARU, a PIF company, has announced the signing of a binding agreement for the acquisition of a strategic stake in the BENTELER Group subsidiary, HOLON, providing financing for the development of its autonomous Mover business. TASARU’s strategic […]

TASARU Mobility Investments announces first next-gen mobility investment

Riyadh, Saudi Arabia, February 8th, 2024: TASARU, a PIF company established to advance Saudi Arabia’s mobility sector, has announced signing a binding agreement to invest in P3, a Croatian mobility solutions company. P3 is focused on creating next-gen technology solutions for urban autonomous mobility. P3 is developing an innovative ecosystem consisting of an autonomous electric […]

TASARU Mobility Investments announces its interest in investing in Recogni

Riyadh, Saudi Arabia, February 8th, 2024: TASARU Mobility Investments (“TASARU”), a PIF company, has signed a binding agreement to invest in Recogni, Inc. Michael Mueller, CEO of TASARU, said: “This investment opportunity aligns with the Kingdom of Saudi Arabia’s Vision 2030, which moves the Kingdom towards a brighter future through improved efficiencies, new growth and […]

PIF Establishes “TASARU Mobility Investments” to Enable the Development of Saudi Arabia’s Automotive and Mobility Ecosystem

RIYADH, 10 October 2023 – The Public Investment Fund (PIF) today announced the launch of the National Automotive and Mobility Investment Company (“TASARU Mobility Investments” or the “Company”), an investment company focused on developing local supply chain capabilities for the automotive and mobility industry in Saudi Arabia. TASARU Mobility Investments will drive strategic investments and […]