The round was led by dmg ventures, Stride, Octopus Ventures, and Entrée Capital to support team growth and operational expansion.
"We are delighted to have closed this further funding round, giving us significant firepower to fuel our growth after we launch later this year. We are assembling a world-class team and looking forward to transforming the used car market by delivering UK consumers the best car buying experience in terms of selection, value, quality and convenience."
The investment was led by Skybound Capital and will fund new hires, technology development, and corporate acquisitions.
"We’re delighted to close on our largest funding round to date and this really cements our current position as one of the leading Proptech companies in the UK."
Beringea leads Series A investment into the Manchester psychometric assessment provider.
"Arctic Shores has a clear mission to enable companies to be more objective and broader in their selection of applicants and foster an assessment process that provides a fairer evaluation of people from different backgrounds and socio-economic groups."
Three Hills Capital Partners is acquiring a significant minority stake in the telematics technology group.
"enable us to more rapidly execute our ambitious growth plans, both organic and by acquisition, to become the global leader providing connected, data-driven technology solutions for the insurance and shared mobility markets."
