Grover tops up debt facility to €250M to scale its renting model for consumer electronics
Post date: 2020-01-15 21:00:57
Views: 164
Grover, the Berlin-based startup that offers “pay-as-you-go” subscriptions to the latest consumer tech, including e-scooters, has closed a new “asset-backed” financing deal, topping up an existing debt facility with Varengold Bank to a total of €250 million. The additional capital will fuel the next phase of growth as the German company has entered scale-up territory.
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