Remove capital Remove financing Remove micromobility
article thumbnail

European e-scooter and micromobility startup Dott raises $85 million

TechCrunch

Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Dott is a micromobility startup that is better known for its colorful electric scooters that you can find across several European cities. Belgium-based investment company Sofina is leading the investment.

article thumbnail

Zoomo raises $12 million to expand e-bike subscription offerings

TechCrunch

Zoomo, the Australian startup with a mission to electrify delivery fleets through e-bike subscriptions, announced a $12 million interim capital raise on Monday. “Their expectations for quality commercial vehicles, on demand service, flexible financing and tech enabled security features spurred us to innovate.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lime raises $523M as it prepares to go public

TechCrunch

Shared electric micromobility giant Lime has closed a $523 million raise in convertible debt and term loan financing, money that Lime CEO Wayne Ting says is the next step on the company’s path to going public next year. That debt will convert into shares automatically when Lime goes public.

article thumbnail

Voi scooters raises $115M Series D round as it preps to enter new cities — and for an IPO

TechCrunch

The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of populations to move to more sustainable transportation. In 2021, players like Tier, Voi and Dott continued to raise VC backing. and Europe.

article thumbnail

UrbanTech News Roundup

Dream It

Micromobility scooter docking startup Charge is betting that a boom in e-scooters and electric bikes will increase the need for charging stations around cities. Co-living startup Ollie is in talks to raise $50M in new funding, making it the most capitalized co-living startup. On Construction Technology Over 1.5 seed round.

article thumbnail

Bird to go public via SPAC, at an implied value of $2.3B

TechCrunch

and MidCap Financial Trust provided an additional $40 million asset financing. The announcement also provided new information about a previously undisclosed $208 million, which Bird raised privately as part of an April 2021 Senior Preferred Convertible equity offering led by Bracket Capital, Sequoia Capital and Valor Equity Partners.

article thumbnail

Announcing the agenda for TechCrunch Sessions: Mobility 2022

TechCrunch

Other topics on our list for this year include exploring the opportunities and challenges for urban air companies and cities, the dual paths companies are taking to commercialize autonomous vehicle technology, cybersecurity, micromobility, self-driving trucks and autonomous delivery. How to Unlock Profits in Micromobility.