Berlin-based Grover, an electronics rental and subscription service startup, has landed $45 million in an investment round.
Grover secured the new funds from Augmentum Fintech plc, Varengold Bank, as well as existing backers including coparion, Circularity Capital, and Samsung Next.
The latest financing round brings total funding raised by Grover to date to more than $110 million.
Grover is planning to leverage the money raised from the latest investment to accelerate its growth and expansion.