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Bird TechCrunch learned of Sequoia Capital's D Series fundraising with a $ 2.5 billion valuation. The sources, however, did not indicate the size of the round.
The series follows The Information's report that Bird was looking to raise between $ 200 million and $ 300 million by the end of the summer, with an after-tax valuation of more than $ 2.3 billion.
Bird declined to comment on the funding cycle, saying he was not commenting on rumors or speculation.
Sequoia Capital In June, Roelof Botha had already directed Bird's $ 300 million C series. Sequoia declined to comment on the round, but Botha said the Bird team was "an example of courage".
"What they achieved by achieving rapid growth and a strong unit economy is rare for such a complex enterprise and so early," Botha said in an email to TechCrunch. "Bird's innovation in a wide range of disciplines to achieve large-scale operational excellence, including equipment design and manufacturing, vehicle maintenance and repair, Bird load optimization and deployment." and the regulations in force at the city level are unprecedented.
Bird chief executive Travis VanderZanden said last week that Bird has optimal economic resources on its new Bird Zero scooters, which account for more than 75% of its fleet. But based on one of the images tweeted by VanderZanden, it seems that this figure is based on a period of four weeks in summer, when the number of pbadengers on a scooter is probably higher.
In June, Bird acquired Scoot in a transaction of less than $ 25 million. This acquisition marked Bird's first expansion into traditional bicycles and mopeds. Not long ago, Bird unveiled a two-seater / moped hybrid called Bird Cruiser. In addition to offering shared vehicles, Bird also sells scooters directly to consumers.
Previously, Bird had raised more than $ 400 million and reached $ 2 billion last June.
* An earlier version of this story said that the tour had been closed. Bird, however, is still finalizing the round with Sequoia. We regret the mistake.
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