Samsung Next and Assurant were among the investors in the $53.5m equity portion of a $71.4m round led by JMS Capital-Everglen.

Germany-based consumer technology subscription service Grover raised €60m ($71.4m) in debt and equity financing today in a series B round featuring consumer electronics manufacturer Samsung and insurance provider Assurant. Private equity firm JMS Capital-Everglen led the $53.5m equity portion, which included Viola Fintech, Coparion, Augmentum Fintech, Circularity Capital, Seedcamp and undisclosed private investors. Samsung participated…

The rest of this content is only accessible to Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.