Car subscription service Cluno discloses €140M in debt financing

Cluno, the Munich startup providing what it calls a “car subscription” service, is disclosing that it has raised €140 million in debt financing.
Two asset-backed financing deals totaling €80 million were signed recently, adding to €60 million of debt previously secured — i.e. it’s not all entirely new money.
Separately, the company raised €25 million in equity financing in a Series B round in February led by Valar Ventures, the U.S.-based venture capit