Base Partners and Crankstart Lead USD30m Series B for Brazil’s Mottu
Source(s): TechCrunch
Base Partners and Crankstart, the family foundation of Michael Moritz of Sequoia, led a USD30m equity Series B for Mottu, a Brazil-based motorbike rental service for last-mile delivery companies, with follow-on from Tiger Global. Mottu secured USD10m in debt funding from Verde Asset Management as part of the round. Read more