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Investors funnel $31m into UK-based startup 

London-based used-car marketplace Cazoo has scored $31 million in pre-launch funding led by existing investors, propping up the startup’s total funding to $68 million.  The company strives to become the “equivalent to Carvana” for the U.K. used-car market, which is valued at $60 billion with 8 million used cars sold annually, the company noted in […]

Used-car marketplace raises $13M in Series A funding

The online used-car marketplace is heating up in the U.K. as one London-based startup secured $13.9 million in Series A funding this week. The round was led by hedge fund Marchmont Ventures and LocalGlobe.  The platform is called Motorway and enables U.K. consumers to buy and sell used cars online. The startup, launched in 2017, […]