Tier

Micromobility startups Tier and Dott plan to merge to find a path to profitability

After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that

Scooter startup Tier lays off 22% of workforce to reach profitability

German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leusc

Bird acquires Spin scooters from Tier for $19M

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

Paris votes overwhelmingly to ban shared e-scooters

Nearly 90% of Paris voters voted to ban shared e-scooters, but turnout was low, and companies say many young people didn't vote.

Tier Mobility and Spin lay off 100 more employees

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 selects Dott, Lime and Tier for scooter licenses

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

Paris to hold vote on shared scooters

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

Scooters in Paris are at a crossroads

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

Tier-owned Spin exits 10 US markets amid low demand, unfavorable city regulations

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

The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

The Station is your central hub for all past, present and future means of moving people and packages from Point A to Point B. 

The Station: Rivian trims its workforce and a supply chain-tainted earnings season begins

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

Meet Philip Reinckens, Spin’s new CEO

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: Running a startup in war-torn Ukraine, Tier goes on a shopping spree and Tesla breaks a new EV delivery record

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

Tier Mobility’s buy of Fantasmo brings camera positioning tech in-house

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: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook

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

Voi scooters raises $115M Series D round as it preps to enter new cities — and for an IPO

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

Paris asks scooter sharing services to restrict speed to 10 km/h

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

How micromobility operators can unlock a $300B industry

Standardizing the charging of e-scooters would be beneficial for end consumers and micromobility companies alike. 

Equity Monday: PayPal punts on Pinterest as Facebook’s hell month continues

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

Tier scoots off with $200M, all-equity ‘first close’ of Series D

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
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