Tech Company Financing Transactions
Onto Funding Round
Caisse de dépôt et placement du Québec and Pollen Street Capital participated in a $124 million funding round for Onto. The round was announced on 1/25/2023.
Transaction Overview
Company Name
Announced On
1/25/2023
Transaction Type
Debt
Amount
$124,000,000
Round
Undisclosed
Investors
Caisse de dépôt et placement du Québec (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue expanding its UK fleet with the latest electric car models.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Unit 10 Tileyard Rd. Kings Cross
London, N7 9AH
UK
London, N7 9AH
UK
Phone
Undisclosed
Website
Email Address
Overview
Onto was formed in 2018 by co-founders Rob Jolly and Dannan O'Meachair, after Rob saw the challenge of converting people over to electric vehicles while working in the Corporate Strategy area of Jaguar Land Rover. After a few pivots in strategy and company name changes, Onto was born.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rob Jolly
Chief Marketing Officer
Josefina Garat
Chief Technical Officer
Ben Brown
VP - Administration
Joe Kibbler
VP - Customer Service
Carol Axe
VP - Human Resources
Dannan O'Meachair
VP - Product Management
Ayman Hafez
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