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Chauffeur service provider Blacklane has secured €60 million in new funding to allow it to “accelerate the next phase” of its global growth plans.
Berlin-based Blacklane’s latest cash injection comes from TASARU Mobility Investments, which is owned by Saudi Arabia’s Public Investment Fund. The “Series G” funding will be used to expand in key markets such as the US, Europe and the Middle East.
Jens Wohltorf, CEO and co-founder of Blacklane, said that TASARU’s “mobility know-how will be a big asset” to the ground transport specialist.
“This financing round is a strong signal and acknowledgement of what the Blacklane team has accomplished over the last years,” added Wohltorf.
Blacklane’s investors already include Mercedes-Benz Mobility, car rental firm Sixt, Gargash Enterprises and Al Fahim Group.
Michael Mueller, CEO of TASARU Mobility Investments, added: “We are excited to partner with Blacklane, a company that shares our vision for innovation and…
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