Category: electric scooters
Cityscoot raises another $25.6 million for its electric moped service
French startup Cityscoot is raising a $25.6 million (€23.6 million) funding round from Allianz France, Demeter as well as existing investors Groupe RATP and Banque des Territoires. The startup is also raising at least $6.5 million (€6 million) in debt in order to finance its service. Cityscoot is a free-floating…
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After sale to Ford, Spin charges ahead with plans to scale up
Electric scooter startup Spin was long considered to be a bit of an underdog in the micromobility space. Before selling to Ford, Spin had raised just $8 million, while competitors Lime and Bird had raised hundreds of millions. Today, the former underdog is backed by one of the world’s largest…
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As Bird buys Circ, a rewind of scooter VC, M&A and financial reporting
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. While the IPO cycle reprices former unicorns and concern imbues the private market with profit warnings, it turns out that there is still appetite for scooter startups. Even more, there’s…
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Inside Skip’s plan to appeal San Francisco’s scooter permit decision
Electric scooter operator Skip is gearing up to appeal San Francisco’s decision to deny the company a permit to operate in the city. When the Municipal Transportation Agency (SFMTA) announced the permit grantees in September, it came as a surprise to Skip, which had previously received a permit to operate…
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