The smooth mobility of the micro-mobility sector was severely hindered by the COVID-19 pandemic and the lockdown. However, Berlin-based Tier Mobility managed to achieve profitability and has raised a whopping $250M (approx €211.2M).
E-scooter provider raises €211M
Tier Mobility is a startup that provides electric scooter ride-sharing services, has raised $250M (approx €211.2M) in its Series C round of funding led by SoftBank Vision Fund 2 – this is the largest funding round for a European e-scooter company to date.