15.11.2022 / Deals & Cases

Wenger Vieli advised the lead investor Redalpine Opportunity Fund on the closing of Carvolution's Series D Financing Round

Wenger Vieli advised the lead investor Redalpine Opportunity Fund on all Swiss legal aspects in this financing round alongside other Series D Investors.

The funds are intended to expand the startup's core business and enables the company to facilitate the trading of used vehicles. Industry experts predict a significant market share for car subscription by 2030, as car subscriptions offer an ideal alternative to buying and leasing cars.

The team was led by Beat Speck (Partner, M&A / Corporate) and Kevin Wilhelm Vangehr (Associate, Venture Capital / M&A) and included Michael Tschudin (Partner, Competition), Claudia Keller (Counsel, IP/IT), Regula Elisabeth Heagi (Counsel, IT / Data Protection), Alessa Waibel (Associate, Financial Services), Sabine Taxer (Associate, Employment Law) and Allegra Margelisch (Junior Lawyer)