Tier Mobility

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

Spin, which was acquired by Tier Mobility earlier this year, has laid off about 10% of its staff and is exiting Canada and Seattle.

Tier Mobility-owned Spin lays off about 10% of workforce, exits two markets

Tier Mobility, the German micromobility giant that recently acquired Spin from Ford, is laying off 16% of staff, or 180 people, according to a LinkedIn post by CEO Lawrence Leuschner…

Tier Mobility lays off 180 people amid poor funding climate

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

Tier Mobility, the Berlin-based micromobility operator that has been steadily taking over Europe, is making a sweeping entry into North America by acquiring Spin from automaker Ford. Tier will acquire…

Tier Mobility acquires Spin from Ford, marking entry into North America

Tier, a Berlin-based e-scooter company that’s quickly expanding throughout Europe, has acquired Vento Mobility, the Italian subsidiary of Wind Mobility. The companies are not sharing the terms of the deal,…

E-scooter company Tier acquires Wind Mobility’s Italian subsidiary

Berlin-based Yababa only started its same-day grocery delivery business this summer, selling products geared toward the tastes of the capital’s sizeable Turkish and Arabic communities shortly afterward, but in a…

Berlin’s Yababa snags $15.5M to scale a multicultural grocery delivery biz across Europe

Berlin-based Tier Mobility, one of the largest e-scooter operators in Europe, has just acquired German bike-sharing platform Nextbike. The move signals Tier’s commitment to the same multi-modal approach that competitors…

E-scooter startup Tier buys Nextbike to double down on commitment to e-bikes

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

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: London scooter winners and Ford’s most important EV

Transport for London and London Councils have announced Dott, Lime and Tier Mobility as the winners of its prized e-scooter pilot, confirming last month’s suspicions based on job postings by…

Dott, Lime and Tier selected for London e-scooter trial

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

American micromobility startups Lime and European competitors Dott and Tier Mobility have won permits to operate shared electric scooters in Paris, following a seven-month tender process that had as many…

Lime, Dott and Tier win Paris scooter permits, delivering Bird a loss in a key market

Bird has shut down scooter sharing in several cities in the Middle East, an operation that was managed by Circ, the micromobility startup it acquired in January. About 100 Circ…

Bird shuts down Circ operations in Middle East, scraps as many as 10,000 scooters

Featured Article

Speedinvest’s new €190 million seed-stage fund is ‘investing on conviction’

“At this earliest stage, we’re investing on conviction, which is built by our sector-focused teams and our long-standing industry expertise.”

Speedinvest’s new €190 million seed-stage fund is ‘investing on conviction’

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

Following Tier Mobility’s $60 million Series B late last year, the e-scooter rentals startup has been busy bolstering its C-suite. The Berlin-based company is announcing that Moritz Werner has joined…

Tier Mobility, the European e-scooter rentals startup, adds new COO and CCO to executive team

On the heels of Bird closing a $275 million round to help put itself in pole position in the electric scooter market, a smaller European rival has also raised some…

Berlin’s Tier Mobility scoops up $60M as its scooter-based transportation service passes 10M rides

Tier, the Berlin-based e-scooter rental startup that competes with the likes of Voi, Lime, Wind, Circ and a host of others, is rolling out new hardware today in a bid…

Tier, the Berlin-based e-scooter rental startup, unveils new hardware and announces it’s reached 2M rides

Tier, one of a number of electric scooter rental startups based in Berlin, has raised a chunky €25 million in Series A funding. Leading the round is VC fund Northzone,…

Tier, the Berlin-based scooter rental startup, raises €25M as European e-scooter market heats up