Prosus Group's corporate venture capital arm co-led a $104m series B round for car leasing specialist Kovi, which will drive a geographic expansion.

Brazil-based online car rental services provider Kovi has hauled in $104m in a series B round led by Prosus Ventures, the corporate venturing arm of consumer internet group Prosus, and Valor Capital Group, TechCrunch has reported.

Quona, Monashees, UVC Investimentos, GFC and Globo Ventures, along with private investors Peter Thiel and Justin Mateen also took part in the round.

Founded in 2018, Kovi leases cars to drivers who are looking to earn income through ride-sharing platforms like Uber and would…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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