Reed Smith comprehensively advised Michelin Travel Partner S.A.S, the subsidiary of tyre manufacturer Michelin, on its series C financing round into Berlin startup Campanda GmbH. Campanda offers an online booking site for Recreational Vehicles (motorhomes, caravans and campervans).

Michelin Travel Partner was the lead investor and previous backers joint the investment, including Accel, idinvest, Le Peigné, Ringier Digital Ventures, b-to-v Partners, and Atlantic Labs. The total investment amounted to EUR 17 million.

Campanda plans to use the new capital to expand the current team of 45 employees, to enter new geographical markets, and to increase the supply side which currently sits at 26,258 vehicles.

Advisor Michelin Travel Partner
Reed Smith: Constantin Conrads (lead, partner, corporate and VC), Thomas Gierath (partner, tax), Dr. Thomas Fischl (counsel, IT/E&M), Rita Novak (associate, corporate and VC) all Munich