Dott to deploy $85m of series B funding

Apr 21, 2021 • Jordan Williams

Prosus Ventures participated in a debt and equity round for the e-scooter rental service provider, whose earlier investors include Axel Springer.

Netherlands-based electric scooter rental service Dott secured $85m of debt and equity financing yesterday in a series B round featuring Prosus, the internet group formed by e-commerce and media company Naspers.

Investment firms Sofina and Estari co-led the round, which included EQT Ventures, Aberdeen Standard Investments, Expon Capital, Felix Capital, FJ Labs, McRock Capital, Invest-NL, Quadia (in partnership with private bank Degroof Petercam) and various individuals, while Prosus took part through Prosus Ventures fund.

Dott has developed an online platform…

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