Cazoo raised $116m in a DMG Ventures-led funding round.

Cazoo, an online car retailer, raised $116m in a DMG Ventures-led funding round. This funding round was also backed by General Catalyst, CNP, Mubadala Capital, Octopus Ventures, Eight Roads Ventures and Stride.VC. “This new round of funding is a strong signal from investors of the scale of the opportunity. Our mission is to deliver the best experience for car buyers across the UK by delivering better selection, value, convenience and quality,” Alex Chesterman, Cazoo Founder & CEO.