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Last year, we published a podcast episode with a segment on how used-car marketplaces were heating up across Europe (and that was about a year before fledgling UK startup Cazoo raised money at a $1 billion valuation). Fast forward to today, and consolidation is starting. Financial services giant Société Générale this morning announced that it […]
Cazoo, the used-car sales platform, reached ‘unicorn’ status after raising a little over $31 million (£25 million) at a $1 billion+ valuation just three months ago. Today, the UK-based company is announcing that it has raised a further £240 million (€265 million) of funding at more than double the last valuation. The latest round takes […]
Cazoo, the used-car sales platform, has reached ‘unicorn’ status after raising a little over $31 million (£25 million) at a $1 billion+ valuation to spur growth. Cazoo closed a £100 million round earlier this year, and this round brings its total raised to £200 million in a short time. In fact, the company was founded […]
Refurbed, an Austrian marketplace for refurbished electronics, has raised a $17 million Series A led by Finnish Evli Growth Partners. Almaz Capital, Bonsai Partners, All Iron Ventures and FJ Labs joined as new investors, while existing investors Klaus Hofbauer and Inventure Partners also participated. Refurbed sells phones, laptops, and tablets that have gone through a […]
Vinted, a Lithuanian online used-clothing retailer, has raised €128 million euros (roughly $140 million) in a funding round that valued it at more than €1 billion, making it the small Baltic nation’s first tech unicorn. The round was led by Lightspeed Venture Partners and joined by prior backers such as Sprints Capital, Insight Venture Partners, […]
UK-based car marketplace Carwow today announced a £25 million strategic funding round, led by German car manufacturer Daimler, the parent company of the Mercedes-Benz brand. Daimler exec Axel Harries will also take a seat on the Carwow board of directors. It’s the first time the London scale-up has opened up to strategic investors, having earlier […]