German venture capital firm Capnamic VC and French VC Iris Capital have led a €7.5m funding round for Berlin-based electric scooter developer Unu.
Deal marks the first acquisition for the GP's latest vehicle, Alto Capital IV
Second bolt-on completed by Valco since Argos Soditic became majority shareholder in 2014
Asset management business will look to expand its regional network and make bolt-on acquisitions
Firm plans to expand domestically and internationally, primarily in Asia