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Onto raises a €113 million credit facility to drive forward the move to electric mobility

EU-Startups LogoEU-Startups2w ago

Onto raises a €113 million credit facility to drive forward the move to electric mobility - EU-Startups

Quick Summary:

Onto is reimagining car ownership, encouraging a shift towards electric vehicles and a flexible subscription-based solution.

The UK-based startup has just secured about €113 million (£100 million) in a credit funding line as demand for its service grows.  The move towards more sustainable, more flexible and more eco-friendly mobility options is picking up pace across […]

The post Onto raises a €113 million credit facility to drive forward the move to electric mobility appeared first on EU-Startups.


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Article Details

Author / Journalist: Patricia Allen

Category: Startups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 08:07:46 (2 weeks ago)

News Timezone: GMT +8:00

Ranking: #49 (out of 9570 stories this day)

News Source URL: eu-startups.com

Language: English

Article Length: 73 words

Reading Time: 1 minutes read

Sentences: 39 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © EU-Startups

News ID: 4765518

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About EU-Startups

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Main Topics: Startups

Official Website: eu-startups.com

Update Frequency: 2 posts per day

Year Established: 2010

Headquarters: Germany

News Last Updated: 19 hours ago

Coverage Areas: Germany

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #99

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The story "Onto raises a €113 million credit facility to drive forward the move to electric mobility" was covered 2 weeks ago by EU-Startups, a news publisher based in Germany.

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  • News ID: #4765518
  • URL: https://beamstart.com/news/onto-raises-a-113-million-16746352375932

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