Peer-to-peer car sharing network Car Next Door has closed a $5 million Series B round, with the round comprising investment from existing backers Caltex and Investible and a portion raised through equity crowdfunding platform Equitise.
Rideshare vehicle rental startup Splend has raised $7.2 million in funding, handing over a 12.5 percent stake to Toronto Stock Exchange-listed company Element Fleet Management.
Pickles has launched Pickles Ventures, an innovation arm which will focus on incubating early-stage startups with ideas that align with the company’s goals.
While the Australian auto market is thriving with popular car sales websites such as CarSales and CarsGuide, it is difficult to find a truly end-to-end service. Looking to provide consumers with the full package is ApprovalBuddy.