Mubadala Partakes in Online User Car Marketplace Cazoo Venture Round

Posted on 03/23/2020

U.K.-based Cazoo is an online used car marketplace. Cazoo raised £100 million in a new funding round led by DMG Ventures, the venture capital arm of Daily Mail and General Trust plc.

Other investors in the round include General Catalyst, CNP (Groupe Frère), Mubadala Capital (part of Mubadala Investment Company), Octopus Ventures, Eight Roads Ventures, and Stride.VC. Serial entrepreneur Alexander Edward Chesterman OBE founded Cazoo in 2018. Chesterman founded property website Zoopla in 2007, which became the digital media business ZPG Plc.

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