Tech Company Financing Transactions
Grover Funding Round
M&G Investments joined a $264.7 million capital raise for Grover. The round was announced on 9/28/2022.
Transaction Overview
Company Name
Announced On
9/28/2022
Transaction Type
Venture Equity
Amount
$264,730,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its product inventory to expand its business reach in existing markets such as Germany, Spain, Netherlands, and Austria, and into new European markets.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Holzmarktstraße 11
Berlin, 10179
Germany
Berlin, 10179
Germany
Phone
Undisclosed
Website
Email Address
Overview
Grover is Europe's market leader in technology rentals, enabling people to subscribe to tech products monthly instead of buying them. Founded in 2015 by Michael Cassau, Grover's mission is to create the most innovative ways for everyone -- both private customers and businesses -- to get the tech they want.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Cassau
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