Tag: cazoo
UK’s Cazoo will list on the NYSE by way of a SPAC, valuing it at $7B and raising $1.6B
Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will be next company to pursue more growth by way of a SPAC: the company today announced that it will list on the NYSE by way of a business combination with AJAX…
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COVID-hit UK startups cry out for help, as UK gov trails Europe in its response
The UK government is reportedly looking at a range of options to support the startup industry, possibly involving a co-investment model involving state-owned funds (via the British Business Bank) and private VC funds. Investors have been warning that typically loss-making, early-stage startups are at risk of collapse amid the coronavirus…
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The Station: Bird and Lime layoffs, pivots in a COVID-19 era and a $2.2 trillion deal
Hello folks, welcome back (or hi for the first time) to The Station, a weekly newsletter dedicated to the all the ways people and packages move around this world. I’m your host, Kirsten Korosec, senior transportation reporter at TechCrunch. I also have started to publish a shorter version of the…
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Cazoo, the used-car sales portal, raises another $116M
The rapid spread of the coronavirus pandemic has put a freeze on many in-person sales and transactions for goods and services, so in what might be a sign of the times for funding in the startup world, today a company in the UK that’s been building a portal to carry…
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