Carvolution raises CHF 16.2m in Series D funding

Carvolution, the Switzerland based car-subscription service provider, has raised CHF 16.2m in a series D funding round led by Redalpine Venture Partners AG, the Switzerland based venture capital firm, with participation from investors and private investors including Schweizerische Mobiliar Holding AG, the Switzerland based insurance company, Armada, the Switzerland based entrepreneurial driven investment firm, Ringier Digital Ventures AG, the Switzerland based venture capital firm, and private investor Francisco Fernandez.

Target – Carvolution AG

Buyer – Redalpine Venture Partners AG

Buyer – Schweizerische Mobiliar Holding AG

Buyer – ARMADA Investment AG

Buyer – Francisco Fernandez (Private investor)

Buyer – Ringier Digital Ventures AG

Buyer – Other Undisclosed Investors

Seller – Shareholders

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