As Bird buys Circ, a rewind of scooter VC, M&A and financial reporting

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Bird confirms acquisition of Berlin scooter rival Circ

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Layoffs at Lime and Getaround herald rise of profit-hungry unicorns

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Uber doubles down on micromobility

Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re looking into Uber’s bike bet and what the push could mean for Lime and other micromobility companies working to find a sustainable business model. As profitability comes back into vogue among investors at […]

Bird raises $275 million Series D round at a $2.5 billion valuation

Bird has closed a $275 million Series D round led by CDPQ and Sequoia Capital, Bird CEO Travis VanderZanden announced at TechCrunch Disrupt San Francisco today. The round values Bird at a $2.5 billion pre-money valuation, according to sources familiar with the round. This round comes a few months after TechCrunch reported Bird was looking […]

How Lime, Scoot, JUMP and Spin plan to deploy adaptive scooters

As part of San Francisco’s program to operate shared electric scooters in the city, it’s requiring providers to pilot adaptive scooters to ensure people with disabilities are not left out from this new form of transportation. Companies are expected to deploy these adaptive scooters within the first three months of the permit, which begins this […]

Defining micromobility and where it’s going with business and mobility analyst Horace Dediu

Micromobility has taken off over the last couple of years. Between electric bike-share and scooter-share, these vehicles have made their way all over the world. Meanwhile, some of these companies, like Bird and Lime, have already hit unicorn status thanks to massive funding rounds. Horace Dediu, the well-known industry analyst who coined the term micromobility […]

How top VCs view the new future of micromobility

Earlier this month, TechCrunch held its annual Mobility Sessions event, where leading mobility-focused auto companies, startups, executives and thought leaders joined us to discuss all things autonomous vehicle technology, micromobility and electric vehicles. Extra Crunch is offering members access to full transcripts key panels and conversations from the event, including our panel on micromobility where […]

Bird plans to hire 1,000 people in Paris

Scooter startup Bird is betting on the French market in a significant way. The company plans to open up its biggest European office in Paris. Eventually, Bird wants to hire 1,000 people by mid-2021, which is a meaningful number for a company that has been around for a couple of years. Paris is an important […]

Equity transcribed: Slack’s IPO, the VCs behind Facebook Libra, founder salaries and trouble in scooter-land

Welcome back to this week’s transcribed edition of Equity. This week, TechCrunch’s Danny Crichton filled in for co-host Alex Wilhelm – who was out in preparation for his wedding this weekend – joining Kate to cover the big news of the week. Kate and Danny dive straight into Slack’s IPO and the implications of its direct […]