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January 15, 2020 08:00 am GMT

Grover tops up debt facility to 250M to scale its renting model for consumer electronics

Grover, the Berlin-based startup that offers pay-as-you-go subscriptions to the latest consumer tech, including e-scooters, has closed a new “asset-backed” financing deal, topping up an existing debt facility with Varengold Bank to a total of 250 million. The additional capital will fuel the next phase of growth as the German company has entered scale-up territory. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/88Sl6XAXwfo/

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