Tagged: raises

Fontinalis Partners raises $104M for new wave of mobility technology

The venture firm Fontinalis Partners was founded in 2009 as its leaders saw an opportunity for technological advancements to improve the way that goods and individuals moved.

“We felt strongly that, over the next several years, there was going to be a wave of innovation that would not only affect the automotive sector, but manufacturing, transportation, logistics, retail and other high-consequence industry,” said Chris Stallman, partner of Fontinalis Partners, in an interview with FreightWaves.

“Smartphone adoption, prior to 2010, wasn’t that high so when we first started, it was a time where a lot of the first business models [we

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Invygo raises $1.9m pre-series A funding – News

Pre-series A round welcomes participation from SPV, Knollwood, JS Group, and Saudi Arabia based family offices

invygo, the Middle East’s car subscription services, has raised $1.9 million (SAR 7.12 million) from new and existing investors. The pre-Series A round included participation from Signal Peak Ventures, JS Group, Wealth Well and once again from Knollwood Investment Advisory. This round also had participation from Saudi Arabia’s Dr. Faisal Al Kadi, Khalid AlKhudairi, Ahmed Alola and other leading family offices in the Kingdom.

Founded in 2018, invygo pioneered the Middle East’s car subscription ecosystem, transforming consumers’ automotive experiences. Providing consumers with

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Invygo raises $1.9 million to grow its car subscription platform in UAE & Saudi

Dubai-headquartered car subscription platform Invygo raised $1.9 million in a pre-Series A round from Signal Peak Ventures, JS Group, Wealth Well, Knollwood Investment Advisory, Saudi Arabia’s Dr. Faisal Al Kadi, Khalid AlKhudairi, Ahmed Alola, and some other investors.

Since 2018, Invygo has been shopping the Middle East’s car subscription ecosystem, remodeling the automotive industry, and transforming customers’ experience. The platform provides its users with over 40,000 cars from 50 different brands at affordable prices. Invygo’s partnerships with Enterprise (Al Jomeih), Budget Saudi and Al Jabr in Saudi Arabia, as well as National Car Rental (Al Tayer), Diamondlease (Al Habtoor), and

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