Announced
Completed
Financials
Sources
Tags
Germany
car subscription
Auto Services
Acquisition
Cross Border
Minority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
Planet First Partners, a European growth equity sustainable investment platform, led a $110m Series C round in FINN, a car subscription provider, with participation from HV Capital, Korelya Capital, UVC Partners, White Star Capital and Picus Capital. "The transition to electric vehicles is one of the major societal shifts taking place globally and is crucial in our move towards a more sustainable economy. With road transport accounting for around one-sixth of global emissions, electric vehicles are vital to decarbonize society. FINN’s easy-to-use subscription model offers an innovative solution to assist consumers in making the move to electric vehicles and reducing their own carbon footprint,” Nathan Medlock, Planet First Partners Managing Partner.
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