Industra Bank
Muitas iela 1, Riga, LV-1010, Latvia
Overview
Industra Bank focuses on partnering with small and medium-sized businesses to provide services essential to their growth.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Banking
- Finance
- Financial Services
- Real Estate
Investment portfolio
- OX Drive
Led · Equity · Nov 2023
OX Drive operates a car-sharing platform focused on Tesla vehicles in Latvia. The service launched commercially last year and is run by founders Egija Gailuma, Kristiāns Karlsons, Juhan Kaarma, and Kristaps Vasiļjevs, who established Spaceship Ltd. The company has invested over €4 million into developing the platform. Following a new funding agreement with Industra Bank, OX Drive will expand its fleet by 80 vehicles, bringing the total to 200 shared electric cars. Management says fleet growth is central to meeting accessibility and ease-of-use needs for its users. The article does not report revenue or user metrics.
Team
No current team members are available.