• Subscription car service Drover raises $26 million as COVID-19 disrupts public transport

    26 days ago - By Business Insider

    The pandemic has created a surge in demand for car rental services.
    Subscription car service Drover more than doubled the amount of subscriptions sold in May compared to a year ago.
    Drover just announced a £20.5 million round to grow its business in the UK and France.
    The round was co-led by new investors Target Global, RTP Global, and Autotech Ventures.
    Visit Business Insider's homepage for more stories .
    Subscription car service Drover has raised £20.5 million in fresh funding, as the pandemic accelerates demand for car rentals.
    Drover is a 'car-as-a-service' platform offering insurance...
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  • Here's an exclusive look at the pitch deck scooter company VOI just used to raise a $30 million funding extension

    Here's an exclusive look at the pitch deck scooter company VOI just used to raise a $30 million funding extension

    26 days ago - By Business Insider

    Swedish electric scooter startup VOI has raised a $30 million extension to its previous $85 million Series B round as part of its bid to take on its increasingly well-funded competitors.
    Voi's funding extension comes on the back of surge in activity for e-scooter companies following coronavirus.
    Voi says it was profitable in June, and hopes to be consistently profitable in 2022.
    "This is a capital-intensive market and we want to ensure we are sustainable in the long term," the company's cofounder and CEO, Fredrik Hjelm, previously told Business Insider in an interview .
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