The Simon Property-backed e-scooter rental platform is now valued at $2.75bn following a series D round co-led by Sequoia Capital and CDPQ.

Bird, the US-based electric scooter rental service that counts real estate developer Simon Property Group as an investor, secured $275m in series D funding yesterday.

The round was co-led by venture capital firm Sequoia Capital and public pension fund manager Caisse de dépôt et placement du Québec (CDPQ), at a $2.5bn pre-money valuation, sources familiar with the deal told TechCrunch.

Bird runs an app-based service currently available in more than 100 cities across North America, Europe, South America and the…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.