Burda Principal Investments
One of largest all-equity rounds to date in SEA’s online automotive sector Eyeing US IPO by end 2023 as market interest for its segment is strong there
Singapore-based startup aims to accelerate growth across APAC.
Funds came from Sequoia Capital, Temasek, Burda Principal Investments, Sofina, EDBI and existing investors.
German venture capitalist with a focus on Series B puts its faith (and money) in Southeast Asian e-commerce scene.