Wagonex Limited, the car subscription marketplace platform is delighted to announce a significant equity funding round as it looks to bolster growth in the U.K. and beyond.

The investment round was led by the Development Bank of Wales technology ventures team co-investing with US investors and UK-based angels with a final close to complete after the summer.

Wagonex has been a leading name in vehicle subscriptions since its inception and now works closely with several global vehicle manufacturers.