Blumberg backs $30m series-B for Wunder

The round was led by family investment firm KCK Group with participation from other undisclosed investors.

Wunder will use the fresh capital to expand in Germany and employ an extra 100 people in B2B sales.

Previous funding
A consortium of investors including VC firms Partech Ventures and Piton Capital backed a seed round for Wunder (then WunderCar) in December 2013.

TA Ventures joined the consortium in 2014, alongside unnamed business angels, before Blumberg led a further financing round in 2015.

Finally, Cherry Ventures and Sixt Ventures (the corporate venturing arm of the car hire firm) participated in another funding round in August 2017.

Company
Founded in Hamburg in 2013, Wunder is a mobile transportation application that provides carpooling and electric scooter rental services. The company employs 70 people in four offices in Hamburg, Bangalore, Manila and Rio de Janeiro.

People
Wunder Mobility – Gunnar Froh (CEO).

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• Topics
• Expansion
• DACH
• Technology
• Germany
• Venture