The Daimler-backed bus and train service hiked its valuation to $3bn in a series G debt and equity round that will fund the expansion of its routes.
FlixMobility, the Germany-headquartered public transport provider that counts automotive manufacturer Daimler as an investor, raised over $650m in debt and series G equity financing yesterday at a $3bn valuation.
Investment firm Canyon Partners joined existing investors including General Atlantic, Permira, TCV, HV Capital, Blackrock, Baillie Gifford and Silver Lake in the round.
Founded in 2013, FlixMobility runs an inter-city bus service called FlixBus which spans most of Europe and parts of the United States, and which promises efficient onboard wifi…
