cazoo
Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market
Egypt is home to one of Africa’s largest vehicle fleets, with over 6 million cars (80% are passenger cars) on its roads. According to this finding, most are used cars;…
On the heels of Personio raising a big round yesterday, one of its competitors and another big startup in the area of HR has also picked up some funding. Hibob,…
Eight Roads launches its fourth fund: $450M aimed at European/Israeli scaleups
European VC Eight Roads is launching its fourth fund of $450 million for European and Israeli tech companies, aiming for another 15-20 across a broad range of consumer, software as…
Vyne raises $15.5M seed round to grow its merchant-focused open banking solutions
Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. On the heels…
Norway’s electric car subscription service imove closes $22.3M Series A led by AutoScout24
The “subscribe to your car” movement has been taking off in recent years, with the appearance of Fleks in the U.K., Cazoo (after its acquisition of Drover) and Care by…
Viewing Cazoo’s proposed SPAC debut through Carvana’s windshield
Can the market hold up the optimism that many SPAC-led debuts are implying in their pricing? I do not know. But there are a lot of wagers being made in…
UK’s Cazoo will list on the NYSE by way of a SPAC, valuing it at $7B and raising $1.6B
Cazoo, the U.K. used-car sales portal that has been on a major fundraising tear in the last year, will be the next company to pursue more growth by way of…
Cazoo, the UK used car sales platform, raises another $311M, now valued at over $2.5B
A lot of people are opting to use cars instead of taking public transportation in the U.K. at the moment, as a way of ensuring more social distancing, and today…
COVID-hit UK startups cry out for help, as UK gov trails Europe in its response
The UK government is reportedly looking at a range of options to support the startup industry, possibly involving a co-investment model involving state-owned funds (via the British Business Bank) and…
The Station: Bird and Lime layoffs, pivots in a COVID-19 era and a $2.2 trillion deal
Hello folks, welcome back (or hi for the first time) to The Station, a weekly newsletter dedicated to the all the ways people and packages move around this world. I’m…
