Tier

After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that…

Micromobility startups Tier and Dott plan to merge to find a path to profitability

German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence…

Scooter startup Tier lays off 22% of workforce to reach profitability

Shared micromobility company Bird has acquired competitor Spin from Tier for $19 million, including $10 million in cash, $6 million in a vendor take back and $3 million as a…

Bird acquires Spin scooters from Tier for $19M

Nearly 90% of Paris voters voted to ban shared e-scooters, but turnout was low, and companies say many young people didn’t vote.

Paris votes overwhelmingly to ban shared e-scooters

Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three…

Tier Mobility and Spin lay off 100 more employees

Madrid has renewed the operating licenses for scooter-sharing services in the city. The city council has chosen three operators for the next three years — Dott, Lime and Tier. This…

Madrid selects Dott, Lime and Tier for scooter licenses

This weekend, mayor of Paris Anne Hidalgo told Le Parisien that Parisians will get to vote whether they want to ban free-floating electric scooters or not. As I explained last…

Paris to hold vote on shared scooters

Featured Article

Scooters in Paris are at a crossroads

What is going to happen to the 15,000 colorful electric scooters that currently spill across the streets of Paris? On March 23rd, their fate could drastically change as the French capital weighs up whether or not to renew licenses for the three scooter companies currently operating in the city. And…

Scooters in Paris are at a crossroads

Micromobility operator Spin is leaving 10 U.S. markets due to a combination of low demand, over-regulation, under-regulation and poor cost structures, according to a company-wide email sent Friday by Philip…

Tier-owned Spin exits 10 US markets amid low demand, unfavorable city regulations

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Ben Bear, the CEO of shared micromobility operator Spin, is stepping down from his role just a couple of months after the company was purchased by Tier Mobility, another shared…

Meet Philip Reinckens, Spin’s new CEO

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The Station: Running a startup in war-torn Ukraine, Tier goes on a shopping spree and Tesla breaks a new EV delivery record

Shared micromobility company Tier Mobility said on Wednesday it has acquired Fantasmo, a U.S.-based computer vision-powered e-scooter parking startup whose tech Tier had been trialing in multiple cities in Europe.…

Tier Mobility’s buy of Fantasmo brings camera positioning tech in-house

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The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook

The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of…

Voi scooters raises $115M Series D round as it preps to enter new cities — and for an IPO

Riding a scooter in Paris will soon feel incredibly … slow. The City of Paris has announced that scooter sharing services should restrict the maximum top speed to 10 km/h…

Paris asks scooter sharing services to restrict speed to 10 km/h

Standardizing the charging of e-scooters would be beneficial for end consumers and micromobility companies alike. 

How micromobility operators can unlock a $300B industry

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Berlin-based e-scooter rentals company Tier Mobility has announced a $200 million raise, which it says is the “first close” of its Series D, as investors continue to plough money into…

Tier scoots off with $200M, all-equity ‘first close’ of Series D

Google today announced that eco-friendly routes, a feature it first talked about earlier this year, is now live for iOS and Android users in the U.S., with support in Europe…

Google Maps launches eco-friendly routing in the US

Berlin-based Tier Mobility has raised $60 million to help the e-scooter company expand its fleet and its network of battery charging stations in 2021. The funds, which come from investment…

Tier banks $60 million in debt from Goldman Sachs to expand scooter fleet

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The Station: The biggest SPAC ever and reading the micromobility permit tea leaves

Berlin-based micromobility startup Tier has raised a significant Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is…

E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2

While electric scooters first launched at scale in the U.S., they quickly made their way overseas. Now, there’s a bustling electric scooter market in Europe, China, Latin America and one…

Explore the global markets of micromobility at TC Sessions: Mobility

Spin has launched its scooter sharing business to Germany, the first step in the U.S. company’s plans to expand to Europe. The company, which was acquired by Ford in 2018…

Spin scooters head to Europe, starting with Germany

European mobility operator Tier has become the first major electric scooter company to integrate helmets into vehicles. The foldable helmets fit inside a box attached to the scooter below the…

Tier brings integrated helmets to electric scooters

Tier Mobility operates a scooter service, the kick-scooter-with-a-motor kind. And it has acquired assets from Coup, a now-defunct scooter service, the moped kind. Coup shut down late last year, and…

Tier Mobility acquires Coup’s electric moped scooters

Tier, the European e-scooter rentals startup that operates in 55 cities across 11 countries, has topped up its funding for the second time in four months. The Berlin-based company has…

Tier Mobility, the European e-scooter rentals startup, adds another ~$40M to its Series B

According to the City of Paris, there are 15,000 free-floating vehicles of all forms and shapes in the city, from electric scooters to fluorescent bikes and motorcycle-like scooters. And the…

Paris to tax scooter and bike services