Jun
14
Bird, the Electric Scooter Start-Up, Is Said to Draw an Investment Frenzy
BySAN FRANCISCO — More scooters may soon land on America’s sidewalks as the West Coast scooter war propels a rush of fund-raising.
Bird, an electric scooter start-up, is raising $300 million in new funding that would value the company at $2 billion, according to three people with knowledge of the financing, who asked not to be identified because the proceedings were confidential. The round is set to be led by Silicon Valley venture capital firm Sequoia Capital and will include other investors such as Accel Partners, the people said…
Bird, the Electric Scooter Start-Up, Is Said to Draw an Investment Frenzy