• SoftBank-backed Getaround acquires Norwegian car rental startup for $12M

    3 monthes ago - By TechCrunch

    Fueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. This acquisition brings Getaround into seven European countries, as opposed to just six.
    In April, Getaround made its first-ever acquisition of European car rental startup Drivy for $300 million. That marked Getaround's first expansion beyond the U.S. and into France, Germany, Spain, Austria, Belgium and the U.K.
    For now, Nabobil will keep its name and the startup's full team will remain in...
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  • Tundra, the zero-fee wholesale marketplace, picks up $12 million

    Tundra, the zero-fee wholesale marketplace, picks up $12 million

    3 monthes ago - By TechCrunch

    Tundra , a new zero-commission wholesale marketplace, has today announced the close of $12 million in Series A funding. The round was led by Redpoint's Annie Kadavy, with participation from investors such as Initialized Capital, Peterson Ventures, FJ Labs, Switch Ventures, and Background Capital.
    Tundra was founded by married couple Arnold and Katie Engel, who previously ran a global supply chain company called Vox Supply Chain. In that world, they quickly realized just how much inefficiency is built into the wholesale market, from disorganized trade shows to transaction fees from the...
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