Londons transit advertising firm Drovo raises €3.4M from Maven Capital Partners, others
Summary
Maven Capital Partners, a leading UK investor in growing businesses, announced that it led a £3M (€3.4M) Series A investment in Drovo, a London-based on-vehicle advertising technology company. It helps advertisers brand taxis, commercial fleet vehicles, and private cars with dynamic digital screens on their roofs. The company plans to use the fresh funds to enhance its dynamic digital rooftop screens and expand its team and hardware acquisition. “Investors have recognised that our digital screens offer brands an innovative way to seize the attention of key target audiences as they navigate around London. Our proprietary technology platform provides a unique advertising solution for brands UK-wide,” says Artjom Jekimtsev, founder and CEO at Drovo.