Europe's 'luxury' competitor to Uber plans on raising $30 million to fuel global expansion

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Europe's 'luxury' competitor to Uber plans on raising fresh funds to fuel a global expansion

The London-based company's platform connects riders with chauffeurs who drive high-end Mercedes-Benz cars.

The start-up currently operates across three European markets — London, Paris and Moscow — but founder and CEO Anton Chirkunov said it would seek the extra funding next year to expand into either the U.S. or Asia. "This year, we're focused on building out the business in Europe. There are some milestones we want to reach," Chirkunov said in an interview. "Realistically after that we would say it's time to do another fundraise — a slightly larger one — and to expand beyond Europe."

 

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