Berlin-based fleet management startup Vimcar has secured € 12 million round of investment led by the Munich venture capitalist Acton Capital Partners with participation from UVC Partners, Atlantic Labs and Coparion. The startup will utilise the fund to expand its fleet management platform. Since its instigation, the company has raised a total capital of € 18 million.
Regarding the investment, Christoph Braun, the managing partner of Acton Capital Partners said, “Vimcar is a first-class software-as-a-service solution for the management of company vehicles, which is excellently accepted in the market.”