Largest investment puts Blacklane in fast lane to expansion

Blacklane, which provides on-demand chauffeur service, says it has raised its largest investment to-date through a Series D round, and will channel the funds into expanding to new cities as well as global airport concierge services and product innovation.

The funding round was led by Alfahim – a UAE-based automotive, hospitality and travel, real estate and industrial conglomerate – which will join existing Blacklane investors Daimler AG, through subsidiary Daimler Mobility Services, and European venture capital firm btov Partners.

This round of funding will fuel growth in the Middle East & Africa

Blacklane’s global network of professional driver partners covers more than 250 cities and 500 airports in 50 countries. This year, Blacklane will reach more than 300 cities, with growth focused on the Middle East and Africa.

“Combining our nationwide expertise and diversity with Blacklane’s reinvention of the professional driver industry for the benefit of travellers, drivers and partners, will bring innovative luxury services to the Middle East and Africa,” said Ahmed AJ Al Fahim, chairman of ALFAHIM.

Blacklane will also launch Blacklane Premium Airport Services & Solutions worldwide. Having acquired Solve last October, Blacklane is able to offer travellers curbside booking, planeside meet-and-greet, connecting flight assistance and airport lounge services.

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