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,…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.