London-based electric vehicle leasing platform WeVee announced that the company has raised $7 million in its seed funding round.
WeVee received the latest investment from angel investors, the company's founder as well as co-founders and board members.
The seed funding round is expected to boost WeVee’s combined valuation to more than $40 million.
With the fresh capital raised, WeVee will expand its electromobility lifestyle platform into Germany and Europe later in the year.