Alfvén & Didrikson is an active and long-term backer of passionate entrepreneurs and teams with international growth ambitions.
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Tiyam Afshari
Partner
Tiyam brings investment experience from roles at Bridgepoint, Alfvén & Didrikson, and Procuritas. Board memberships include Onto, Klevu Oy, and Paligo.
LinkedInThe Series C round was led by Legal & General with participation from existing investors.
"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."
The funding round was led by Alfvén & Didrikson alongside a debt facility from Pollen Street Capital.
"While two out of three UK drivers want their next car to be electric, the transition can be expensive and daunting. At Onto we’ve been changing the rules of the game for car ownership through our no-commitment, all-inclusive subscription service. Our focus is on providing an easy, flexible and affordable alternative, and we’re seeing huge demand."
