• Grover raises €37M Series A to offer latest tech products as a subscription

    2 monthes ago - By Tech Crunch

    Grover , the Berlin-based startup that offers “pay-as-you-go” subscriptions to the latest consumer tech as an alternative to owning products outright, has raised €37 million in funding.
    The Series A round is led by Circularity Capital LLP - a VC that specialises in the so-called “circular economy” - with participation from fintech investor Coparion, Samsung NEXT, and Varengold Bank. Existing investors , including Commerzbank's Main Incubator, also followed on.
    Noteworthy, the funding consists of €12 million in equity and a new €25 million debt facility. Building an inventory of new tech...
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