Tier Mobility, owner of Europe's largest e-scooter rental platform, has added $40m in debt and equity financing to an Axa Germany-backed first tranche.

Germany-based electric scooter rental service Tier Mobility increased a series B round featuring insurance provider Axa Germany to more than $100m today.

Venture capital firm RTP Global, investment firm Novator and an undisclosed US-based debt fund provided $40m in debt and equity financing for the round’s second close.

The first $60m came from Axa Germany, Mubadala Capital, Goodwater Capital, Speedinvest, Point Nine Capital, Evli Growth Partners, White Star Capital, Northzone, Indico Capital Partners, Kibo Ventures, Market One Capital and…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.