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Legal & General led a $60m Series C round in Onto.

Synopsis

Legal & General, a financial services and asset management company, led a $60m Series C round in Onto, an electric car subscription service, with participation from Alfvén & Didrikson, Accelerated Digital Ventures, Cerebrum Tech, and Jim O’Neill Family Office. “This funding round is a huge milestone for Onto as it sets us off on our journey to Europe. Germany, a nation with an incredible automotive history as Europe’s biggest car-producing country, is a market with huge potential and a great appetite for electric cars. We're excited to offer something different," Rob Jolly, Onto CEO and Co-Founder.

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