Czech digital caravan rental platform Campiri has raised an additional €2.7 million to supplement almost €2 million it acquired in the recently completed seed investment round. To date, the startup has raised €4.64 million, which will be used to establish Campiri in new markets, strengthen its teams, and purchase new vehicles. The company also plans to expand into three more Central European countries.
The investment was led by Rockaway Ventures and saw the participation of Miton and Purple Ventures. Founded by Lukáš Janoušek and Paul Tesar, the platform aims to digitise caravanning in Czech Republic, Poland, Greece, and Slovakia.
CEO Lukáš Janoušek said: "The current investment gives us the opportunity to expand beyond the Czech borders. The majority of the funding is going to support our expansion and recruitment of senior staff. While we see great potential in Central Europe, we also see Eastern and Southern Europe as huge opportunities."
Campiri offers more than 100 such rentals in Czechia and Poland, and aims to increase the supply to 1,200 vehicles across all markets in 2022.
Dušan Zábrodský, investment partner, Rockaway Capital added: "What attracted us to Campiri was the digital business model that connects motorhome owners with those interested in renting them. The popularity of this form of travel is growing, and it has a demonstrably lower environmental impact. Sustainable projects in camping and caravanning are also in line with our ESG strategy, which is a key factor for us. Our investment in Campiri is a logical continuation of our recent investments in the digitisation of car rental and sales."
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