German tech subscription company Grover has closed a deal brining total funding up to €250mn.
This includes an existing facility with Varengold Bank.
Total fundraising by the company has reached €300mn.
Grover allows users to ‘flexibly rent’ technology at different stages in its lifecycle.
What does this mean?
A leader in European consumer electronics rentals, Grover supports the Circular Economy, reducing waste and increasing affordability. Last year it recirculated almost 100,000 devices.