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Environmental tech firm raises $12.2million prolificnorth.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prolificnorth.co.uk Daily Mail and Mail on Sunday newspapers.
Index leads $12.2M seed in Sourceful, a data play to make supply chains greener – TechCrunch techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures Motorway, is a UK startup that allows professional car dealers to bid in an auction for privately-owned cars for sale. The startup has had rapid success by removing a lot of friction in the process. It’s now raised £48m / $67.7m in a Series B round led by Index Ventures, along with new investors BMW i Ventures and Unbound. Existing investors Latitude and Marchmont Ventures also participated. The funding will be used to extend its platform and grow the current 160-strong team. The startup claims it allows consumers to sell their car for up to £1,000 more than they would do via other means, by uploading its details via a smartphone app that also uses computer vision to assess the state of the car. Over 3,000 professional car dealers then bid for the vehicle in a daily online auction. The highest offer wins the car, which is then collected for free by the winning dealer insid ....
Investors pump an extra £48m into Motorway used car stocking portal am-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from am-online.com Daily Mail and Mail on Sunday newspapers.