The student transport service secured backing from SoftBank Vision Fund 2 and BMW i Ventures as it looks to fuel its expansion.
Internet and telecommunications group SoftBank’s Vision Fund 2 and automotive manufacturer BMW’s corporate venturing unit BMW i Ventures participated in US-based student transportation service Zum’s $130m series D round yesterday. Venture capital firm Sequoia Capital also contributed to the round, which brings Zum’s total funding to $200m. Andrew Straub, an investor at Softbank Investment Advisers,…
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