The Berlin-based sharing platform for campervans and caravans received further growth capital from international investors in a financing round. The round is led by existing investor Russmedia Equity Partners, a Liechtenstein-based investor in and operator of online marketplaces, aggregators and SaaS solutions with a portfolio of 19 digital platform businesses across six countries in Europe. Further investors included J Ventures, an early stage technology fund founded by Joshua Jacobson and John Nordin, based in New York City, as well as Adevinta Ventures, a Norway-based investor in marketplace startups and marketplace specialist operating in 16 countries worldwide.
Weitnauer advises PaulCamper in financing matters since 2017 and most recently advised PaulCamper in the Series A financing round in mid-2019, when the startup raised an aggregate amount of EUR 7 million. In the financing round closed in late August 2020, the law firm, which specializes primarily in venture capital, further strengthened its relationship with PaulCamper.
About PaulCamper GmbH
PaulCamper, founded in 2013 by managing director Dirk Fehse, according to its own publications, has so far arranged a total of more than 500,000 rental nights via the platform, and more than 6,900 campervans and caravans are currently listed. This makes PaulCamper the largest platform for camper sharing in Germany. The company is currently also active in Austria and the Netherlands. The new funding will be invested in the further growth of the business.
Prof. Dr. Hans-Eric Rasmussen-Bonne, LL.M. (Venture Capital)
Andreas Michael, LL.M. (Venture Capital)