Follow
Subscribe
Electric Scooter Startup Bird Raises $275 Million in Latest Funding Round

Electric Scooter Startup Bird Raises $275 Million in Latest Funding Round

Bird is emerging as a leader in micro-mobility space. On Thursday, the company announced a $275 million Series D funding round. The round was led by CDPQ and Silicon Valley-based Sequoia Capital. The latest round values Bird at a $2.5 billion pre-money valuation.

Eric Walz2019-10-04 08:50 PT

Audi Unveils e-tron Electric Scooter, Skateboard Combo

Audi Unveils e-tron Electric Scooter, Skateboard Combo

Luxury automaker is entering the booming e-scooter market. The company revealed today a new electric scooter/skateboard called the e-tron Scooter, which combines the power of a battery-powered scooter with the agility of a traditional skateboard.

FutureCar Staff 2019-08-05 15:15 PT

Uber Plans to Shift Focus to Electric Scooters & E-Bikes for Short City Trips

Uber Plans to Shift Focus to Electric Scooters & E-Bikes for Short City Trips

With Uber vehicles clogging city streets and the company itself being blamed for increasing traffic in some cities, the company is taking action. Uber is planning an emphasis on electric scooter and e-bikes instead of cars in cities, according to Uber CEO Dara Khosrowshahi.

Eric Walz2018-08-27 12:26 PT

Lyft is Close to Acquiring Bike Sharing Operator Motivate for $250 Million

Lyft is Close to Acquiring Bike Sharing Operator Motivate for $250 Million

The Information reports that Lyft, the number two ride-hailing company is reportedly close to a deal to buy Motivate, the operator of CitiBike. Sources quoted in the story suggest the acquisition price of $250 million.

Jeremy Carlton2018-06-01 13:41 PT

Electric Scooter Startup Bird Raises Another $150 Million, Pushing its Valuation to $1 Billion

Electric Scooter Startup Bird Raises Another $150 Million, Pushing its Valuation to $1 Billion

Electric scooter rental startup Bird secured an additional $150 million in funding, pushing the company closer to a $1 billion valuation, Bloomberg has reported.

Eric Walz2018-05-30 17:44 PT

Lyft is Looking to Launch Electric Scooter Rental Service in San Francisco

Lyft is Looking to Launch Electric Scooter Rental Service in San Francisco

San Francisco-based Lyft, the second largest ride-hailing service behind Uber, is planning to offer electric scooter rentals in San Francisco as part of its ride-hailing platform. Lyft is gearing up to compete against its biggest rival Uber and other startups in the fast-growing market of electric scooter and bike rentals.

Eric Walz2018-05-22 10:52 PT