Citi and Sony helped Superpedestrian raise $125m while Dott boosted its latest round to $155m with help from Prosus, as the e-scooter sector looks to expansion.
Netherlands-headquartered electric scooter rental service Dott and US-based e-scooter producer Superpedestrian both raised significant amounts in corporate-backed round this week, indicating the sector is rebounding from the covid-19 pandemic.
Dott, the operator of an app-based e-scooter and e-bike rental service spanning 36 cities across nine European countries, added $70m to a series B equity and debt round now totalling $155m, with Prosus Ventures, the venture capital arm of internet group Prosus, part of the extension.
Abrdn led the second close,…