Deals
Goldman-Backed GoEuro Is Said to Be Valued at Up to $1 Billion
- Other investors include Temasek Holdings, Hillhouse Capital
- Berlin startup seeks to make booking train, bus trips seamless
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GoEuro, a Berlin travel-booking startup, raised $150 million from Kinnevik AB, Temasek Holdings Pte and Hillhouse Capital.
The investment values the company at between $900 million and $1 billion, according to a person familiar with the matter, who asked not to be named because the matter is private. The company intends to use the money to add more journey options to its service, possibly do M&A, and to expand beyond Europe, Chief Executive Officer Naren Shaam said in an interview. He declined to comment on valuation.