Brumbrum raises €20M to expand across Italy and Europe
February 4th, 2019
We are happy to announce our participation in brumbrum‘s €20 million new funding round together with Accel, Bonsai Ventures and eVentures!
The Milan-based automotive e-commerce startup plans to use the money to expand across Italy and prepare for entering other European markets.
UV2’s investment in brumbrum is also supported by the European Investment Fund through InnovFin Equity, with financial backing from the European Union under the financial instruments of Horizon 2020 and the European Fund for Strategic Investments (“EFSI”) established under the Investment Plan for Europe. The purpose of EFSI is to support the financing and implementation of productive investments in the European Union and ensure greater access to finance.