Bolt is valued at more than $4.75bn following a $713m funding round, although its corporate backers did not return for the transaction.
Bolt, an Estonia-based ride hailing service backed by peer Didi Chuxing and car manufacturer Daimler, completed a €600m ($713m) funding round today backed by investors including venture capital firm Sequoia Capital.
Fund managers Tekne and Ghisallo also contributed to the round, as did existing shareholders G Squared, D1 Capital Partners and Naya Capital. The round valued Bolt at more than $4.75bn.
Founded in 2013, Bolt provides on-demand ride-hailing and car sharing, as well as food delivery services, and e-scooter and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
