Category Archives: electric scooters

Berlin-based Wind Mobility raises $22M for its e-scooter rental service

Wind Mobility, a Berlin-based mobility startup that offers “dockless” e-scooter (and electric bicycle) rentals, has raised $22 million in seed funding, throwing its hat into the ring as European competitor to Bird and Lime. It follows recent raises by Sweden’s VOI ($50 million Series A led by Balderton) and Germany’s Tier (€25 million Series A led by Northzone). All three companies are attempting to be pan-European from the get-go. In other words, you wait all year for the “Bird or Lime of Europe” to appear and three […]

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Fantasmo pivots to scooter cameras that keep them off sidewalks

GPS is too inaccurate to tell if a scooter is being driven or parked in off-limits areas. But as scooter startups compete for permits from city governments, they need a way to prove their riders play by the rules. That’s where Fantasmo’s new scooter positioning camera comes in. The augmented reality mapping startup had been building the Camera Positioning Standard to give self-driving cars, robots and AR games a dynamically updated understanding of the real world around them. But now Fantasmo is focusing on the urgent use […]

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Electric scooter startup Grin raises ~$45 million

Grin, an electric scooter startup backed by Y Combinator, has raised a $45.7 million Series A to operate shared, electric scooters in Latin America. Grin, which is based in Mexico City, had previously raised funding from Sinai Ventures, Liquid2 Ventures, 500 Startups, Monashees, Base10 Partners and others. Currently, Grin only operates in Mexico City, but it has plans to expand to other cities throughout Latin America. Electric scooters are clearly a hot space. U.S.-based companies like Bird and Lime have raised millions of dollars. Bird is currently […]

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Lime wants to block Scoot and Skip from deploying electric scooters in SF next week

Lime is doing the most right now. In light of the San Francisco Municipal Transportation Agency denying Lime a permit to operate electric scooters in the city, Lime is gearing up to request a temporary restraining order. “Lime believes that after selecting two other less experienced electric scooter companies and comparatively weaker applications in a process that was riddled with bias, the SFMTA should revisit the decision and employ a fair selection process,” the company wrote in a press release. Those two “less experienced” electric scooter companies Lime’s referring […]

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Chinese electric scooter startup Niu files for $150M U.S. public offering

Chinese electric scooter startup Niu Technologies has filed for an initial public offering on Nasdaq to raise up to $150 million. In its form, Niu said it is “the largest lithium-ion battery-powered e-scooters company in China,” according to data from China Insights Consultancy, and also a market leader in Europe based on sales volume. Founded in 2014 and based in Beijing, Niu says it currently holds a market share of 26% in China based on sales volume. Niu’s debut will the latest in a string of recent […]

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Bird hits 10 million scooter rides

Bird just announced 10 million scooter rides since launching about one year ago. If this story sounds familiar to you, it’s probably because Bird competitor Lime earlier today announced it surpassed 11.5 million rides across its shared bikes and scooters. Bird, which launched last September in Santa Monica, Calif., currently operates in 100 cities and has over two million unique riders, Bird founder and CEO Travis VanderZanden told TechCrunch. But Bird’s first year of operations has been full of ups and downs. Many of the downs have […]

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Lime hits 11.5 million bike and scooter rides

Bike and scooter company Lime recently hit 11.5 million rides, a couple of months after it surpassed six million rides. This milestone comes just 14 months after Lime deployed its first bikes. Today, Lime is in more than 100 markets throughout the U.S. and Europe. Last December, Lime brought its bikes to a number of European cities and in June, Lime brought its scooters to Paris. By the end of this year, Lime plans to launch in an additional 50 cities. The rise of shared personal electric vehicles has […]

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Scooters go mad, Opendoor wants to buy your house and Meituan’s IPO

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was something of a first for the crew, twice. First, we had two guests on the show, and, also, we only made it through two and a half topics. The former is good, the latter is, well, we’ll see. So, this week Matthew Lynley and I were joined by David Chao, co-founder and general partner at DCM, and Steve Vassallo, a general partner at Foundation Capital. Points to both for […]

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