Series B Mobility Mixed (Equity + Debt) MEGA DEAL
$100M

Planet42

South Africa September 2022 Southern Africa

About this Deal

Planet42 raised $100M for car subscription expansion.

Investors

Lead: Naspers Foundry

Naspers Foundry Planet First Partners Invenfin

Other Rounds by Planet42

Series A $20M Jun 2021

Deal Details

Amount$100M
TypeSeries B
InstrumentMixed (Equity + Debt)
SectorMobility
FounderMale-led
StatusClosed

Company

PL
Planet42
Startup · Cape Town

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AR
Allon Raiz Founder @ Raizcorp Business Incubator
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PM
Patrice Motsepe Founder @ African Rainbow Minerals
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Anant Singh Founder @ Videovision Entertainment
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Sheldon Tatchell Founder @ Legends Barbershop
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George Sombonos Founder @ Chicken Licken
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KP
Kiaan Pillay Founder @ Stitch South Africa
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