Blacklane: Receives Series F Investment from Gargash Group and Mercedes-Benz Mobility

Blacklane Receives Series F Investment from Gargash Group and Mercedes-Benz Mobility

  • Blacklane, a Berlin, Germany-based provider of chauffeur services, received a Double-Digit Million Dollar Series F investment from Gargash Group and Mercedes-Benz Mobility
  • The amount of the deal was not disclosed
  • The company intends to use the funds to focus on its fleet’s transition to electric vehicles (EVs) including a retained charging network to accelerate its path to net zero
  • The company is a provider of chauffeur service for travelers moving through over 50 countries worldwide
  • Its services include on-demand chauffeured rides within cities, hourly bookings, and inter-city commutes, alongside classic airport transfers
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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