Carnovo raised EUR 6.5M in more funding

Carnovo, a Barcelona, Spain-based company operating a marketplace for comparing a seliing cars, announced securing a EUR 6.5M ($7.7M) capital investment round.

The money was raised from investors from Switzerland, Spain and Italy, including Mountain Partners, Ithaca, R301 Capital, AngelGate, Sabadell Venture Capital and business angel Andreas Mihalovits. The deal includes funding raised via the SociosInversores platform and from existing investors Antai Venture Builder, Atresmedia and Grupo Sorigué.

Carnovo, founded in 2017 within Antai Venture Builder by Ferran Jover (CEO), Santi Vernetta, Miguel Vicente and Gerard Olivé, aims to chainge the automotive buying process, making it more transparent and faster, for both buyers and dealers.  For that the company developed a digital comparator of new car offers from official dealers in Spain.