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,…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.