Tech Company Financing Transactions
Planet42 Funding Round
On 2/22/2023, Planet42 raised $100 million in investment from Naspers Foundry, Rivonia Road Capital and ARS Holdings.
Transaction Overview
Company Name
Announced On
2/22/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company, the new financing, comprised of equity, credit facility and debt, will rapidly scale its business and provide a million cars globally to people excluded from traditional car financing.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
Johannesburg, 2000
South Africa
Johannesburg, 2000
South Africa
Phone
Undisclosed
Website
Email Address
Overview
When it comes to assessing an application, we see the whole picture. We are happy to look at bank statements as proof of your creditworthiness. And we've also developed some smart technology that uses a wide range of data points to get a clear picture of your financial situation.
Management Team
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