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Scooter Startup Bird Raises $150 Million At A $1b Valuation

by fortune.com posted 7months ago 25 views
As the hype builds, so does the capital. : Bird, the Santa Monica-based electric scooter company, is raising $150 million in a round led by Sequoia Capital that will value the company at $1 billion, Bloomberg first reported. That’s just two months after it raised $100 million in Series B funding at a $300 million valuation. The scooter startup wars began heating up in April when Uber acquired dockless e-bike service Jump Bikes (formerly known as Social Bicycles) for a reported amount of $200 million.

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