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Pollen Street

Pollen Street

Venture Capital

Pollen Street Capital is an asset-backed credit investor focused on specialist finance strategies.


Recent investments

Debt
£100M

The financing follows previous backing from Pollen Street and aims to support the company fleet expansion.

"We’re grateful for the support of Pollen Street and CDPQ – it will turbocharge our UK growth plans and consolidate our position as the leading electric car subscription service. This is a pivotal moment for the adoption of electric cars, and at Onto, we want to make them more accessible and affordable to people who want to make environmentally-conscious choices. The opportunity to provide an alternative to car ownership has never been more desirable – our subscribers benefit from the convenience, flexibility, and choice of a monthly subscription model."
— Rob Jolly
Series B
£127M

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."
— Rob Jolly