Adevinta Ventures and Uniqa Ventures were among the investors in the second-hand car trading platform’s latest round, which included debt supplied by unnamed institutions.

Spotawheel, the Greek used car trading platform, is gearing up for expansion with a €100m ($105m) funding round, backed by  classifieds portal operator Adevinta and insurer Uniqa, TechCrunch has reported.

Founded in 2015, Spotawheel has built a second-hand automotive trading platform that enables potential buyers to view cars, which can be delivered to their homes. In addition to its home country, it also operates in Poland and Germany, and is in the process of entering Romania. The company is set…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.