Campanda makes tracks with $10.7m

Jan 18, 2017 • Robert Lavine

Michelin's travel services subsidiary has led the RV rental platform's series B round, which also featured existing backer Ringier Digital Ventures.

Michelin Travel Partner, the tourism services subsidiary of tyre producer Michelin, has led a €10m ($10.7m) series B round for Germany-based recreational vehicle (RV) rental service Campanda, TechCrunch has reported.

Ringier Digital Ventures, the corporate venturing arm of media company Ringier, also took part in the round, as did investors including Accel, Idinvest Partners, Le Peigné, B-to-V Partners and Atlantic Labs.

Founded in 2013, Campanda rents out RVs from an inventory of 26,000 vehicles, and operates a website where users…

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