Mobile fitting business to benefit from capital injection
Venture capital firm MMC Ventures Ltd reports that it and UK-based fund manager Enterprise Ventures have invested £640,000 in Tyres on the Drive, a business MMC describes as a “fast-growing and innovative online mobile tyre fitting service.” The funds are intended to support the expansion of Tyres on the Drive from its current area of operation in the North West and parts of the West Midlands into Yorkshire and fully into the Midlands. The mobile tyre fitting service intends to open new depots in Wakefield and Birmingham as part of this expansion."