European micromobility startup Dott grabs $70 million

European micromobility startup Dott grabs $70 million

2 years ago
Anonymous $CLERCuPQwa

https://techcrunch.com/2022/01/31/european-micromobility-startup-dott-grabs-70-million/

Urban mobility startup Dott has raised an extension to its Series B round. Originally announced in the Spring of 2021, the company raised an $85 million Series B round — it was a mix of equity and asset-backed debt financing. And today, the company is adding another $70 million to this round —once again, it’s a mix of equity and debt.

Dott is a European micromobility startup that is better known for its scooter-sharing service. More recently, the company also added an electric bike-sharing service in some cities.