Shared micromobility company Bird has acquired competitor Spin from Tier for $19 million, including $10 million in cash, $6 million in a vendor take back and $3 million as a hold back. Tier had purcha
Nearly 90% of Paris voters voted to ban shared e-scooters, but turnout was low, and companies say many young people didn't vote.
Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility oper
Madrid has renewed the operating licenses for scooter-sharing services in the city. The city council has chosen three operators for the next three years — Dott, Lime and Tier. This trio of companies
This weekend, mayor of Paris Anne Hidalgo told Le Parisien that Parisians will get to vote whether they want to ban free-floating electric scooters or not. As I explained last week, Dott, Lime and Tie
What is going to happen to the 15,000 colorful electric scooters that currently spill across the streets of Paris? On March 23rd, their fate could drastically change as the French capital weighs up wh
Micromobility operator Spin is leaving 10 U.S. markets due to a combination of low demand, over-regulation, under-regulation and poor cost structures, according to a company-wide email sent Friday by
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your cen
Ben Bear, the CEO of shared micromobility operator Spin, is stepping down from his role just a couple of months after the company was purchased by Tier Mobility, another shared operator with a large E
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station
Shared micromobility company Tier Mobility said on Wednesday it has acquired Fantasmo, a U.S.-based computer vision-powered e-scooter parking startup whose tech Tier had been trialing in multiple citi
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station
The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire o
Riding a scooter in Paris will soon feel incredibly … slow. The City of Paris has announced that scooter sharing services should restrict the maximum top speed to 10 km/h (that’s 6.2 mph). Tha
Standardizing the charging of e-scooters would be beneficial for end consumers and micromobility companies alike.
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri
Berlin-based e-scooter rentals company Tier Mobility has announced a $200 million raise, which it says is the “first close” of its Series D, as investors continue to plough money into urba
Google today announced that eco-friendly routes, a feature it first talked about earlier this year, is now live for iOS and Android users in the U.S., with support in Europe launching in 2022. And whi
Berlin-based Tier Mobility has raised $60 million to help the e-scooter company expand its fleet and its network of battery charging stations in 2021. The funds, which come from investment banking fir
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