Frontier Car Group raises €36.9M Series B round

1 May 2018· Berlin, Germany· automotive, marketplace, ai, software, b2b, software_hardware

The company will use the new funding to become the dominant used-car trading house in emerging markets across the world, with a particular growth-focus on Africa and Latin America, while also making investments in Asia.

Investors

LeadBalderton Capital
Also participating
TPG GrowthFraser McCombs CapitalAutotech Ventures

About Frontier Car Group

Stage
Series D+
Headquarters
Berlin, Germany
Founded
2016
Sectors
automotivemarketplaceaisoftwareb2bsoftware_hardware

Source: https://tech.eu/2018/05/01/berlins-frontier-car-group-raises-58-million-in-equity-and-debt-funding-to-build-a-used-car-marketplace-empire/