Movac finds automotive startup success in Melbourne

Aussie automotive platform AutoGrab gets fresh injection of funds to help expand globally.

AutoGrab founders Daniel Werzberger and Chris Gardner.

Melbourne-founded automotive startup AutoGrab has found new drive with New Zealand’s Movac after an A$80 million ($92.6m) Series B capital raise.

The raise values the five-year-old Aussie data intelligence platform at A$230m ($266.2m). The funding will support expansion into the UK and Europe,

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