Will Davies

Ignition Lane's Weekly Wrap: The Great Reengagement, backing Web3, riding the markets & the big local raises

Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.

Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily

How Car Next Door went from a gutsy Shark Tank pitch to an Uber acquisition

Car-sharing platform Car Next Door has been bought by Uber for undisclosed terms. The piece retraces the company's decade-long journey, including a 2016 Shark Tank pitch and backing from Hyundai, Caltex and Investible.

Uber gobbles up Car Next Door

Uber has bought the decade-old Australian car-sharing marketplace Car Next Door for an undisclosed price. The startup's leadership stays on; Hyundai was its most recent backer with $6.2 million in 2019.

Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Wholesale Investor

"Huge disruption": Car Next Door secures $6.2 million from Hyundai to prep for transport of tomorrow

Australian car-sharing platform Car Next Door has raised $6.2 million from Hyundai, after a recent $1.8 million round, with co-founder Will Davies discussing scaling pains and the coming shift to shared autonomous transport.

Also Startup Daily

Car Next Door wraps up capital raising with Steve Baxter on board

Car Next Door closed a $5 million Series B led by Caltex and Investible, with Steve Baxter, Roger Allen, Macquarie Group, Hollard and Larix VC also backing, plus a crowdfunding tranche via Equitise.

Car-sharing startup Car Next Door raises $2.3 million from existing investors, turns to equity crowdfunding for another $1.5 million

Peer-to-peer car-sharing platform Car Next Door has raised $2.3 million from existing backers Caltex and Investible, and is planning an Equitise-run crowdfunding campaign targeting as much as $1.5 million to fund growth.