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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Bike-sharing has blown up in the past year, but cities are wary after the mess in China

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Friday is National Bike to Work Day, but this year it’s a bit different. 

It’s the first year the U.S. will celebrate the two-wheeled holiday since the inundation of bike-share companies, with dockless bicycle fleets landing in cities across America over the last 12 months. 

While the shared bicycles add another convenient commuting option for riders, they’re stressing out city planners and transit departments wary of bike litter, unsafe use, and overrun streets.

Dockless — bicycles that lock to themselves or can be locked to a post or rack — app-enabled bikes, like the green bikes from Lime, yellow bikes from Ofo, red bikes from Jump, or white-and-blue colored bikes from Pace, have arrived en masse since last summer, changing up how people commute and how cities regulate biking programs.  Read more…

More about Scooters, Austin, Pace, Lime, and Ofo

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Lime is reportedly trying to squeeze up to $500 million out of VCs

Lime, the electric scooter and bike company, is looking to raise up to $500 million in new funding, Axios reports, citing sources. The round could come in the form of both equity and debt, according to Axios. To date, Lime has raised $132 million from investors. Its most recent round was just in February, when […]

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Lime partners with Segway to build electric scooters

Lime, the transportation company now formerly known as LimeBike, has partnered with Segway to launch its next generation of electric scooters. These scooters, which are set to debut mid-month in San Francisco, will supplement Lime’s existing fleet. Lime has also hit three million rides across its fleets of bikes and scooters. For style-conscious consumers, there […]

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Electric scooter permits will be required in San Francisco

The San Francisco Board of Supervisors unanimously voted today to approve the ordinance that looks to regulate electric scooters in San Francisco. The ordinance seeks to establish regulation and a permitting process that would enable the San Francisco Municipal Transportation Agency or Department of Public Works to take action against scooters from companies that don’t […]

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Bird, Lime and Spin receive cease-and-desist letters from SF City Attorney

San Francisco City Attorney Dennis Herrera has sent a cease-and-desist letter to Bird, Lime and Spin for operating their shared electric scooter programs in San Francisco, the SF Examiner first reported. “We have just received it and we are reviewing it,” Bird spokesperson Rachel Katz told TechCrunch. “We’ll be in touch when we have more […]

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