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Planet42

Mobility · EE · planet42.com

Socially inclusive car subscription company

Funding history

DateRoundAmount
Feb 2023Debt
Alongside its equity round, Planet42 secured $85M in debt financing including a $75M credit facility from Rivonia Road Capital.
$85M
Feb 2023Growth
Planet42 raised $100M in combined equity and debt: a $15M equity round co-led by Naspers and ARS Holdings, plus a $75M Rivonia Road Capital credit facility and $10M further debt.
$100M
Jan 2023Growth
Tallinn car-subscription fintech Planet42 raised $100M in combined equity and debt incl. from Naspers.
$100M
Dec 2021Funding round
Planet42, an Estonian car-subscription startup, raised a $6M equity round led by Naspers, alongside $24M of debt, to expand in South Africa and Mexico.
$6M
Dec 2021Debt
Planet42 added $24M in debt from existing investors including Lendable to fund vehicle purchases.
$24M

Investors

ARS HoldingsChange VenturesLendableNaspersRivonia Road CapitalStartup Wise Guys

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