Carable written off after running out of money
16 May 2017
Last year, Vostok New Ventures waxed lyrical about an investment it had made in the used-car start-up Carable, called Garantibil in Sweden. The investment was made in Q2 last year. Not a big investment. Just SEK 10 million ($1.2 million U.S.). Less than one year later, it seems as if the money has been blown.