Hogan Lovells advises CarOnSale on EUR 70 million Series C financing round led by Northzone and HV Capital

The round was led by new investor Northzone and existing investor HV Capital, and was further supported by Insight Partners, Stripes, and Creandum.

Based in Berlin, CarOnSale is the leading digital B2B marketplace for professional used car trading in Europe. Its fully integrated software ecosystem connects professional car dealers and OEMs across borders. With the new funding, CarOnSale plans to drive its expansion across Europe, significantly enhance its product and service offering, and further strengthen its position as the leading digital platform for professional vehicle trading.

Hogan Lovells has advised CarOnSale on all legal aspects of the financing round.

Hogan Lovells team for CarOnSale

Peter Huber (Partner), Dr. Patrick Waldecker, Shervin Mir Marashi (Associates) (Corporate Finance, Munich, Berlin);

Dr. Falk Loose (Counsel, Tax, Munich).