The electric scooter rental platform will expand into new cities using the proceeds from the RATP and LeasePlan-backed round.
France-based scooter sharing service Cityscoot raised €40m ($49m) in funding on Tuesday from investors including RATP Capital Innovation, the corporate venturing arm of public transport company RATP.
Fleet management service LeasePlan, French state-owned financial institution Caisse des Dépôts and investment firm InVenture Partners also took part. The first two also backed a $16.7m round for Cityscoot in 2016 that was co-led by two undisclosed family offices.
Founded in 2014, Cityscoot operates a network of 1,600 electric scooters around Paris and…
