Electric scooter startup Spin is finalizing a $125 million security token offering on the blockchain

Spin, an electric scooter startup, is raising around $125 million via a blockchain-based security token offering (STO), TechCrunch has learned. Spin, which declined to comment for this story, has previously raised just $8 million. The idea with Spin’s security token offering is to raise money from accredited investors, who will then be entitled to a […]

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Electric scooter and bike parking has arrived

Zagster, the bike-share company behind the Pace brand, is launching what it’s calling Pace Parking. The idea is for it so serve as a parking platform for bikes, electric bikes and electric scooters. Pace is first launching these in Chicago, Austin and Bloomington, Ind., with the plan to launch in additional cities this year. This […]

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Silicon Valley scooter wars

Electric scooters have become the hot new area for startups and “innovation.” For those who haven’t been keeping track, there are three main players in the Silicon Valley scooter wars: Bird, Lime and Spin. Bird first launched in Venice, Calif. before expanding into San Francisco in March. It’s worth pointing out that Bird, for now, is […]

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Uber and Lyft apply for electric scooter permits in SF

Uber and Lyft have officially put their respective names into the electric scooter competition. Uber and Lyft are among the eleven companies that applied to operate an electric scooter sharing service within San Francisco city limits. The city, however, will only offer up to five companies permits to operate as part of a one-year test […]

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Lyft is reportedly close to buying the company behind Ford GoBike and Citi Bike

Lyft is getting close to acquiring Motivate, the company responsible for Ford GoBike in the San Francisco Bay Area and Citi Bike in the New York City area, The Information reports. The deal will reportedly be worth at least $250 million. Lyft declined to comment and Motivate wasn’t available for comment at the time of […]

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Bird is reportedly raising $150 million at $1 billion valuation

Bird, the electric scooter company that first launched in Los Angeles, is reportedly raising $150 million in new financing led by Sequoia Capital, according to Bloomberg. The round would value the company at $1 billion. Bird declined to comment for this story. This comes after Bird raised $100 million on a $300 million valuation back in […]

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Lime, Bird and Spin have to temporarily remove scooters from SF

The San Francisco Municipal Transportation Agency has officially made available its permit application for electric scooters to operate in the city as part of a one-year pilot program. Part of that means companies like Bird, Lime and Spin will need to at least temporarily remove their scooters from city sidewalks while their applications are being […]

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GOAT launches electric scooters in Austin

Dockless electric scooter company GOAT has launched in Austin after receiving official permits from the city’s transportation department for its pilot program. Unlike what’s happened in San Francisco with startups Bird, Lime and Spin, GOAT says it wants to work in tandem with city officials in Austin. GOAT is currently bootstrapped, but says it plans […]

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Lyft reportedly wants to launch electric scooter service

Because there aren’t enough electric scooters on the roads, Lyft is looking into launching its own fleet of electric scooters in San Francisco, The Information reports. Lyft would join the likes of Spin, Bird and Lime — the three startups that deployed their scooters in San Francisco, without permission, back in March. Lyft has reportedly been […]

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Boosted Boards founders launch heavy-duty scooter renter Skip

All electric scooters are not created equal. I’ve found ones from Spin, Bird, and Lime to often be broken, shaky, or out of battery. But now the founders of Boosted Boards, which makes the steadiest and safest-feeling electric skateboards, are bringing their rugged hardware expertise to the scooter world. Today, they’re coming out of stealth […]

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