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New Deal


Announced

Completed

SVF 2 led a $360m Series C funding round in Carro.

Financials

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Transaction Value£255m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Online and Social Platforms

Singapore

Venture Capital

Private Equity

Private

Cross Border

Automotive marketplace

Majority

Single Bidder

Completed

Acquisition

Friendly

Synopsis

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SVF 2 led a $360m Series C funding round in Carro, a Singapore-based automotive marketplace. Mitsui Sumitomo and EV Growth also participated in the round. "Powered by AI, Carro's technology platform provides consumers with full-stack services and transparency throughout the car ownership process," Greg Moon, SoftBank Investment Advisers Managing Partner.

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