SoftBank backs $44m funding in South Korean car-sharing startup SoCar

Seoul, South Korea
Seoul, South Korea. Photo by Jana Sabeth Schultz on Unsplash

SoCar, a South Korean car-sharing company, has raised $44 million (about 50 billion won) in a new round of funding from Altos Ventures, KB Investment, Stonebridge Ventures, and SoftBank Ventures, The Investor reported.

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