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Bird is reportedly raising $150 million at $1 billion valuation

Bird is reportedly raising $150 million at $1 billion valuation

6 years ago
Anonymous $CLwNLde341

https://techcrunch.com/2018/05/29/bird-150-million-1-billion-valuation/

Bird, the electric scooter company that first launched in Los Angeles, is reportedly raising $150 million in new financing led by Sequoia Capital, according to Bloomberg. The round would value the company at $1 billion.

This comes after Bird raised $100 million on a $300 million valuation back in March. That same month, Bird deployed its scooters in San Francisco, San Jose and Washington, D.C. Below are confirmed funding rounds from electric scooter companies. However, Lime is reportedly trying to raise up to $500 million.