The Series G round secures an investment of €60 million (£51 million/$65 million USD) and marks a valuation increase of approximately 25% compared to the previous round in September 2023.
The majority of existing investors supported this capital increase which will further strengthen Blacklane’s investment strategy and support the company’s healthy global growth strategy.
“We are delighted to have TASARU as a long-term strategic investor as its mobility know-how will be a big asset to Blacklane,” said Dr. Jens Wohltorf, CEO and co-founder of Blacklane.
“We could not wish for a better partner to achieve our goals. Moreover, we are delighted to have a strong set of existing investors, such as Mercedes-Benz Mobility, Gargash Enterprises, Al Fahim Group, Alstin Family and RI Digital Ventures, supporting our sustainable and long-term investment strategies.
“This financing round is a strong signal and acknowledgement of what the Blacklane team has accomplished over the last…