Online used car retailer Cazoo took its overall funding to approximately $218m in a round led by corporate venturing vehicle DMG Ventures.
DMG Ventures, the corporate venture capital arm of media group Daily Mail and General Trust, led a £100m ($117m) funding round for UK-based automotive e-commerce platform developer Cazoo yesterday.
The round included Eight Roads Ventures, a subsidiary of investment and financial services group Fidelity, as well as the Abu Dhabi state-owned Mubadala Capital, General Catalyst, Octopus Ventures, Stride.VC and CNP, part of financial holding company Groupe Frère-Bourgeois.
Cazoo operates an online dealership for used vehicles that are reconditioned by the…
