Berlin-based recreational vehicle rental and hiring company Campanda has raised €10 million in a Series B funding round led by Michelin Travel Partner. Michelin was joined by all of the company's existing investors, including Accel, idinvest, Le Peigné, Ringier Digital Ventures, b-to-v Partners and Atlantic Labs.
Founded in 2013 by CEO Chris Möller, Campanda rents and hires motorhomes, campervans and caravans around the world—available in 44 countries and in six languages. The platform allows users to rent their desired vehicle either before or during their vacation.
With the funding, the company intends to grow its team (currently there are 45 employees), take on new markets and upgrade its fleet of vehicles.
In a statement to EU Startups, Möller stated, “Just like our existing investors, Michelin shares our understanding of travel in the 21st century: to plan and book online while also sustainably harnessing existing rental resources.”
Read more: EU Startups