TactoTek Secures $60 Million in Funding Led by Virala Group
HQ: FI
Founded: 2011
Venture – Series Unknown
Sector: Automotive
Investment Raised: USD 60m €
Valuation Remains Undisclosed
Investors: 3M New Ventures, Conor Venture Partners, Cornes Technology, Elo, European Investment Bank, Ingman Group, Nidoco, Tesi, Turret Oy, VTT Technical Research Centre of Finland
Germany-based DeepDrive bags €15M to develop ‘revolutionary’ drive units for Evs
HQ: DE
Founded: 2021
Series A
Sector: Automotive
Investment Raised: EUR 15M €
Valuation Remains Undisclosed
Investors: Bayern Kapital (https://www.bayernkapital.de/) BMW i Ventures (https://www.bmwiventures.com/) co-pace (https://co-pace.com/) Peter Mertens UVC Partners (https://www.uvcpartners.com/)
Germany-based DeepDrive bags €15M to develop ‘revolutionary’ drive units for Evs
HQ: DE
Founded: 2021
Series A
Sector: Automotive
Investment Raised: EUR 15M €
Valuation Remains Undisclosed
Investors: Bayern Kapital (https://www.bayernkapital.de/) BMW i Ventures (https://www.bmwiventures.com/) co-pace (https://co-pace.com/) Peter Mertens UVC Partners (https://www.uvcpartners.com/)
Investors: Autohellas Sa (https://www.autohellas.gr/en/) Elikonos Capital Partners (https://elikonos.com/#Home) Olympia Group (https://www.groupolympia.com/) Velocity.Partners (https://velocitypartners.vc/)
German LiDAR outfit Scantinel seals extended €10 million series A
HQ: DE
Founded: 2019
Series A
Sector: Automotive
Investment Raised: EUR 10M €
Valuation Remains Undisclosed
Investors: PhotonDelta (https://www.photondelta.com/) Scania Growth Capital (https://www.scania.com/group/en/home.html) ZEISS Group (https://www.zeiss.com/corporate/int/home.html)
McLaren raises $150m from shareholders with cash low
HQ: UK
Founded: 2017
Venture – Series Unknown
Sector: Automotive
Investment Raised: USD 150M €
Valuation Remains Undisclosed
Investors: Ares Management (https://www.aresmgmt.com/) Bahrain Mumtalakat Holding (https://www.mumtalakat.bh/) Saudi Arabia’s Public Investment Fund (https://www.pif.gov.sa/en/Pages/Homepage.aspx)
Car Subscription Platform FINN Raises $110M In Equity and $720M In Debt To Supercharge Its Growth in the U.S. and Europe
HQ: DE
Founded: 2019
Series B
Sector: Automotive
Investment Raised: USD 110M €
USD 390M
Valuation
Investors: Climb Ventures (https://climbventures.com/) Greentrail Capital (https://www.greentrailcap.com/) Heartcore Capital (https://www.heartcore.com/) HV Capital (https://www.hvcapital.com/) Keen Venture Partners (https://www.keenventurepartners.com/) Korelya Capital (https://www.korelyacapital.com/) Picus Capital (https://www.picuscap.com/) UVC Partners (https://www.uvcpartners.com/) Waterfall Asset Management (https://www.waterfallam.com/) White Star Capital (https://whitestarcapital.com/)
Car Subscription Platform FINN Raises $110M In Equity and $720M In Debt To Supercharge Its Growth in the U.S. and Europe
HQ: DE
Founded: 2019
Series B
Sector: Automotive
Investment Raised: USD 110M €
USD 390M
Valuation
Investors: Climb Ventures (https://climbventures.com/) Greentrail Capital (https://www.greentrailcap.com/) Heartcore Capital (https://www.heartcore.com/) HV Capital (https://www.hvcapital.com/) Keen Venture Partners (https://www.keenventurepartners.com/) Korelya Capital (https://www.korelyacapital.com/) Picus Capital (https://www.picuscap.com/) UVC Partners (https://www.uvcpartners.com/) Waterfall Asset Management (https://www.waterfallam.com/) White Star Capital (https://whitestarcapital.com/)
Car Subscription Platform FINN Raises $110M In Equity and $720M In Debt To Supercharge Its Growth in the U.S. and Europe
HQ: DE
Founded: 2019
Series B
Sector: Automotive
Investment Raised: USD 110M €
USD 390M
Valuation
Investors: Climb Ventures (https://climbventures.com/) Greentrail Capital (https://www.greentrailcap.com/) Heartcore Capital (https://www.heartcore.com/) HV Capital (https://www.hvcapital.com/) Keen Venture Partners (https://www.keenventurepartners.com/) Korelya Capital (https://www.korelyacapital.com/) Picus Capital (https://www.picuscap.com/) UVC Partners (https://www.uvcpartners.com/) Waterfall Asset Management (https://www.waterfallam.com/) White Star Capital (https://whitestarcapital.com/)
