Europe: Automotive e-commerce startups by funding 2023

Frontier Car Group develops used-cars marketplaces in emerging economies. Since launching in 2016, the company has raised 553 million U.S. dollars in funding, the highest among emerging automotive e-commerce startups in Europe. Used cars marketplace headquartered in the UK, Motorway, followed with 276 million U.S. dollars funding. Apart from consumer-to-business (C2B) platforms, emerging startups operated in the car parts business. That was the case of French startup Mister Auto, with a raised capital of 22 million U.S. dollars as of January 2023.

Emerging online auto parts and C2B marketplaces startups based in Europe as of Janaury 2023, by total funding (in million U.S. dollars)

Characteristic	Disclosed funding* in million U.S. dollars
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Release date

January 2023

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Region

France, Germany, United Kingdom

Survey time period

as of January 2023

Supplementary notes

The source selected unicorns, companies with high valuation and good chances of soon becoming unicorns, and companies that are still at early-stage funding, but have the potential to be unicorns in the future.
Total funding since the company's launch year.
Consumer-to-business (C2B) marketplaces retrieved from another publication of the source.

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