Berlin-based Cardino gets €4 million seed to accelerate its used EV sales model
Summary
Cardino, a pioneer in the used electric vehicle (EV) market, announced a €4 million seed funding round spearheaded by Point Nine. The company manages all aspects of the transaction, from complementary valuation based on real-time market data to handling logistics, pick-up, and payment processing. “Cardino is dedicated to revolutionizing the used EV marketplace through its digital-first approach, making the process convenient and efficient for sellers and dealers,” commented Henrik Sachs and Lukasz Pajak, Founders. That is why I am happy to support this mission as an investor.” As Cardino’s services extend further across Europe, its commitment to innovation and sustainability in the automotive sector remains steadfast. Plans for 2024 include expanding consumer services to France, on the seller side, and enhancing the platform’s features, such as the introduction of a proprietary online battery range check to set new benchmarks in the EV market.
Funding
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