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E-Scooter Startup Tier Mobility Raises €55M Series B Funding Round

A micro-mobility company based in Santa Monica, California, Bird, recently closed a $275 million round in order to help put itself in a leading position in the electric scooter market. However, smaller European rivals also managed to raise money to grow their own business. German startup dubbed Tier Mobility, that manages 20,000 scooters in 40 cities in 12 countries, managed to raise $60 million, funding that, by the words of Tier’s co-founder and CEO Lawrence Leuschner, are to be invested in...

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