The UVC Partners-backed bus and train service hiked its valuation to $3bn in a series G debt and equity round that will fund the expansion of its routes.

FlixMobility, the Germany-based public transport provider backed by UVC Partners, raised over $650m in debt and series G equity financing yesterday at a $3bn valuation. Investment firm Canyon Partners joined existing investors including General Atlantic, Permira, TCV, HV Capital, Blackrock, Baillie Gifford and Silver Lake in the round. Founded in 2013, FlixMobility runs an inter-city…

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