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CarHopper Raises $1.5M to Fund Expansion

CarHopper, a luxury vehicle rental booking platform, has closed $1.5 million in seed funding to fuel its launch into four new markets, including Los Angeles, Las Vegas, Miami, and San Francisco.

Turo Raises $92M, Acquires Daimler's Croove

Turo, a peer-to-peer carsharing marketplace, has raised $92 million in funding from Daimler and other investors. Turo also acquired Daimler's Croove, a peer-to-peer carsharing service in Germany.

eHi Announces Completion of $400M Offering

eHi Car Services Limited, a car rental and car services provider in China, has completed an offering of $400 million aggregate principal amount of its senior unsecured notes.

Fox Rent A Car Raises $25M in Funding

NewSpring Capital, a family of private equity funds providing growth and expansion capital, has led a $25 million investment in Fox Rent A Car Inc.

Getaround Raises $45M in Funding

Getaround Inc., a peer-to-peer carsharing platform, has raised $45M in new capital. With this capital, it plans to expand to additional North American markets.