Grover raises €60m for its electronics subscription service
The Berlin start-up plans to expand its presence in existing European markets and enter more countries, including the US.
Source: siliconrepublic.com
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Grover raises $71M to grow its consumer electronics subscription business – TechCrunch
Grover raises $71M to grow its consumer electronics subscription business A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. Grover, a Berlin-based startup that runs a subscription model where people can rent out consumer electronics like computers, smart phones, games consoles and scooters for set fees, has picked up €60 million ($71 million). The funding is coming in the form of €45 million in equity and €15 million...
Source: techcrunch.com
Grover raises €60 million in Series B funding to take consumer tech subscriptions mainstream
Grover raises €60 million in Series B funding to take consumer tech subscriptions mainstream - New investors include JMS Capital-Everglen, Viola Fintech and Assurant, with strong follow-on support from a number of existing investors - BERLIN, April 13, 2021 /PRNewswire/ -- Grover , Europe's market leader in consumer tech subscriptions, today announces that it has secured €60 million in an oversubscribed Series B round. The funding will be used to increase market penetration, advance product innovation and accelerate international expansion in support of the company's ambitious goals of ...
Source: finanznachrichten.de