SoftBank helped the e-scooter rental service complete the first tranche of a series D round that took its overall funding to $660m.
Germany-based electric scooter rental service Tier Mobility raised $200m yesterday for the first close of a series D funding round that was co-led by telecommunications and internet group SoftBank’s Vision Fund 2.
The Abu Dhabi state-owned Mubadala Capital co-led the tranche, which was filled out by RTP Global, Novator, White Star Capital, Northzone, Speedinvest, M&G Investments and Mountain Partners at a $2bn valuation.
Founded in 2018, Tier operates an app-based vehicle rental platform that provides electric scooters, bicycles and mopeds…
