Dechert advised US venture capital firms Accel Partners and LeadEdge Capital in the USD200m fund raising by BlaBlaCar, the French ride-sharing start-up.
This new fund raising, the largest to date for a French tech company, will help the company to continue its growth in countries where BlaBlaCar is already well established, accompany the launch of the carpooling in countries where the French startup has just launched and extend its international expansion to new territories.
With more than USD300million raised, BlaBlaCar is now one of Europe’s best-funded start-ups. Blablacar is the latest French Unicorn (i.e. Start up worth more than 1bn).
The Dechert team advising Accel Partners and LeadEdge Capital was led by partner Matthieu Grollemund (pictured) assisted by associate Hélène Parent.
