Ford-owned Spin will bring electric scooters to 100 new cities and college campuses this year

Spin, the electric scooter startup that Ford bought earlier this year for around $100 million, is gearing up to launch in 100 cities by the end of the year. This is thanks to a new partnership with Zagster, a dockless mobility startup that got its start with bike-share solutions for cities. “A solid operations infrastructure […]

View More Ford-owned Spin will bring electric scooters to 100 new cities and college campuses this year

Bird lays off up to 5% of workforce

Electric scooter startup Bird has laid off between four to five percent of its workforce, The Information first reported. That comes out to about 40 people of its ~900-employee workforce. This comes shortly after Lyft laid off up to 50 employees in its bikes and scooters division. “As we establish local service centers and deeper […]

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Lime hires its first CFO

Lime is hiring Ted Tobiason, former managing director in tech equity capital markets, at Morgan Stanley, to serve as its chief financial officer. This comes following Lime’s behemoth of a $310 million Series D round earlier this month. Led by Bain Capital Ventures, Andreessen Horowitz, Fidelity Ventures, GV and IVP, the round values Lime at $2.4 billion. Lime, which […]

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Lime loses appeal to operate electric scooters in SF

Lime, similar to its competitors Spin and JUMP, just got word that while its appeal to operate electric scooters in phase one of San Francisco’s pilot program was denied, it may be able to deploy scooters during phase two. This comes following San Francisco Municipal Transportation Agency Neutral Hearing Officer James Doyle’s decision regarding Ford’s […]

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Lime raises $310 million Series D round led by Bain Capital and others

Lime just announced it has raised a $310 million Series D round. Led by Bain Capital, Andreessen Horowitz, Fidelity Ventures, GV and IVP, the round values Lime at $2.4 billion. “This new investment demonstrates the fundamental strength of our business and the increasingly rapid adoption of Lime,” Lime CEO Toby Sun wrote in a blog […]

View More Lime raises $310 million Series D round led by Bain Capital and others

SF also denies JUMP’s electric scooter appeal

A neutral hearing officer in the San Francisco Municipal Transportation Agency has denied Uber -owned JUMP’s appeal regarding the SFMTA’s decision to not provide JUMP a permit to operate shared electric scooters in the city. “We are pleased the hearing officer validated our permitting process, which above all, prioritized the public interest,” SFMTA Communications Manager […]

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Lime beefs up its executive team with a CTO and CMO

Micromobility startup Lime, the company that operates shared electric scooters and bikes, has brought on its first chief marketing officer and appointed its first chief technology officer. Duke Stump, now CMO at Lime, is joining the company from Lululemon, where he served as EVP of Brand and Community. Li Fan, who served as Lime’s head of […]

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Electric scooter startup Grin merges with Brazil-based Yellow

Consolidation in the micromobility space has arrived — in Brazil, at least. A few months after Y Combinator-backed Grin merged its electric scooter business with Brazil-based Ride, it’s now merging with Yellow, the bike-share startup based in Brazil that has also expressed its ambitions to get into electric scooters. If Yellow sounds familiar to you, […]

View More Electric scooter startup Grin merges with Brazil-based Yellow

SF denies Spin’s appeal to operate electric scooters, but offers some hope

Spin, the electric scooter company recently bought by Ford, still won’t be able to operate in San Francisco. Well, at least for now. This comes after Spin appealed the San Francisco Municipal Transportation Agency’s decision regarding electric scooter permits in the city. A neutral officer, James Doyle, has since denied Spin’s appeal. “The SFMTA is […]

View More SF denies Spin’s appeal to operate electric scooters, but offers some hope

Uber is exploring autonomous bikes and scooters

Uber is looking to integrate autonomous technology into its bike and scooter-share programs. Details are scarce, but according to 3D Robotics CEO Chris Anderson, who said Uber announced this at a DIY Robotics event over the weekend, the division will live inside Uber’s JUMP group, which is responsible for shared electric bikes and scooters. I’m […]

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Flash, the stealthy e-scooter and ‘micro-mobility’ startup from Delivery Hero founder, raises €55M Series A

Flash, the stealthy mobility startup from Delivery Hero and Team Europe founder Lukasz Gadowski, is de-cloaking today, with news that the Berlin-based company has raised a whopping €55 million in Series A funding. Despite rumours that multiple VC firms would be involved, the bulk of the new funding comes from Target Global via its mobility […]

View More Flash, the stealthy e-scooter and ‘micro-mobility’ startup from Delivery Hero founder, raises €55M Series A

Lyft partners with Segway to deploy more durable scooters

Lyft is gearing up to roll out its next generation of shared scooters in partnership with Segway Ninebot. This comes on the heels of Segway Ninebot’s announcement of its newest scooter, the Model Max. The Model Max was designed with the realization that wear and tear is a major issue for shared electric scooter services in […]

View More Lyft partners with Segway to deploy more durable scooters