News Briefs

Clutch snags C$150m debt financing from Neuberger: BetaKit

Clutch, a Toronto-based online car retailing platform for pre-owned vehicles, has secured C$150 million in debt financing, BetaKit reported.

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Clutch, a Toronto-based online car retailing platform for pre-owned vehicles, has secured C$150 million in debt financing, BetaKit reported. The funding was provided by Neuberger Berman. Last year, Clutch closed a C$100 million Series B financing led by D1 Capital Partners and joined by Flight Deck Capital, Canaan Partners, Upper90, Real Ventures, Global Founders Capital, BrandProject and FJ Labs.

Source: BetaKit