💡 Scaling our fleet, expanding across Europe: FINN secures up to €1 billion in new #ABS financing!

We’re excited to share a major milestone: the successful closing of our second ABS financing program (“ABS II”) with a volume of up to €1 billion.

This funding, backed by Citi and Jefferies, among other, strengthens our ability to grow efficiently, expand our fleet, and serve more customers – in Germany and across Europe. We are also very proud that Avellinia Capital – AvCap extented their commitment and continues to support us on our way to reinvent car ownership. 📈

💬 “For our second ABS financing, we were able to secure the backing of several of the world’s most renowned financial institutions. This financing allows us to continue pursuing our ambitious growth plans and offer even more attractive deals to our customers,” comments COO Nikolai Schröder on the closing of ABS II.

🤜🤛 A huge thank you to our partners for their trust and support – and a special shout-out to our FINNies who make this journey possible every single day! 🚀

🔗 Check out today's manager magazin to learn more about #ABS2.

#FINN #CarSubscription #Mobility #Financing

On Day 1 at Davos Lodge, a diverse group of professionals shared valuable insights into the technologies and ideas shaping our world in a discussion titled "Innovating the Future: Pioneers in AI, Telecommunications, and Emerging Technologies."

Key Takeaways:
🔹 CAMILLE MERRE, Co-Founder of AtriaGem Labs announced their AI-powered ring sizer, a groundbreaking tool designed to minimize product returns and boost customer satisfaction. She emphasized that tech is a lever for impact, and in today’s economy, attention and data are the new currency.

🔹 Jean-Francois Marcoux, Co-Founder & Managing Partner, White Star Capital highlighted how investors are leveraging AI for market research, sourcing, and back-office efficiency—but decisions are still based on qualitative data. He underlined that ESG remains a cornerstone for modern investment strategies. He called for big companies to embrace collaboration with startups and to trial emerging technologies.

🔹 Guillem M., Senior AI and Robotics Programme Officer, International Telecommunication Union shared their mission to connect the world. With 2.4 billion people still lacking internet access, their program, AI for Good, focuses on avoiding past mistakes and achieving universal, meaningful connectivity while driving sustainable digital transformation and attributed the success of ITU’s long history to working collaboratively and not in silos.

This session was a powerful reminder that AI is disrupting the world today, and innovation thrives when we challenge the norm, foster collaboration, and think differently.

Thank you to our incredible panelists and moderator, Dr Dimitrios Salampasis (PhD, F-FIN, MAICD), Associate Professor, Swinburne University of Technology
#DavosLodge #Innovation #AI #Telecommunications #EmergingTechnologies #Sustainability #Collaboration #Davos2025

BIG news to start the year! 📅

Lighthouse Labs is officially joining Uvaro to create one of Canada’s largest and most impactful workforce development organizations. 🎉

For over 11 years, Lighthouse Labs has empowered more than 40,000 learners with outcomes-focused technical training. Their track record speaks for itself, and together, we’re ready to tackle some of Canada’s biggest workforce challenges while preparing students, businesses, and communities for the future of work.

Here’s what this means:
✅ More learners reached
✅ More career opportunities created
✅ A stronger, more inclusive workforce across Canada

Uvaro and Lighthouse Labs are built to work hand-in-hand, and over the next few weeks, we’re excited to show you how we’ll combine our strengths to achieve even more! 🤝

For now, we’d like to pause and express our gratitude to the people who have helped Uvaro grow into what it is today:

- To our members: You’ve trusted us with your career journeys. Your dedication and achievements show what’s possible through hard work and determination in a career.
- To our partners: Your collaboration has helped us grow and create more opportunities for Canadians, strengthening how we support communities nationwide.
- To our team: Over the past five years, your creativity, passion, and resiliency have shaped Uvaro’s mission and brought us to this huge milestone.

This is just the start of something incredible for Uvaro and Lighthouse Labs—let’s get to work!

🔗 : https://lnkd.in/g-T_yGsB
#UvaroXLighthouseLabs #CareerSuccess #WorkforceDevelopment

As we close out 2024, I couldn’t be prouder of what our portfolio companies and team have achieved this year...

💵 Over $340m raised across the portfolio despite a challenging market

🤝 10 new investments in our Digital Asset Fund, with three compelling new additions to our Early Growth Fund to be announced soon...

🌟 Big milestones for Petfolk ($36m Series C), Flare ($30m Series B), and FINN (€100m in new funding)

👨👩👧👦 Welcoming five amazing new team members across London, New York, and Austin

Next year is already shaping up to be an exciting one and I look forward to sharing more updates in the months ahead!

We're hiring!

Our team in New York is looking for an Associate to join our Early Growth Fund.

We're looking for an experienced investor to join the team as we back the next cohort of sector-defining companies. More details on the type of person we're looking for can be found in our blog below.

White Star Capital's Early Growth Fund has already backed leading start-ups at the Series A and B stages, including Dollar Shave Club, Freshly, Vention, Butternut Box | B Corp, FINN and TheGuarantors.

Sounds like the role for you? Apply directly here: https://lnkd.in/ehxUPa5T