Axa Venture Partners has helped put $60m into Virtuo, while Super collected $50m and Salto picked up $42m.

Funding

France-based on-demand car rental service provider Virtuo has raised €50m ($60m) in a series C round led by Axa Venture Partners, the investment arm of insurer Axa. The round also included Bpifrance’s Large Venture Fund, Alpha Intelligence Capital, H14, Balderton Capital, Iris Capital and Raise Ventures. Virtuo previously raised $22.6m in series B financing from Iris Capital, Balderton Capital and Raise in February 2019. Balderton Capital had already supplied $8.9m in funding in September 2017.

Super, a US-based home…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.