Announced
Financials
Tags
Minority
Private
Single Bidder
Private Equity
Acquisition
Transportation Services
micromobility
Germany
Cross Border
Friendly
Venture Capital
Pending
Synopsis
SoftBank Vision Fund 2 led a $250m Series C round in Tier Mobility, a European micro-mobility company, with participation from Mubadala Capital, Northzone, Goodwater Capital, White Star Capital, Novator and RTP Global. "Micro-mobility fills a large gap left by traditional urban car usage and presents a viable alternative to legacy transit systems. TIER has a proven track record in establishing long standing partnerships with cities and regulators, combined with a technology-led approach to develop leading customer propositions. We are pleased to support Lawrence and his team in building on this success," Yanni Pipilis, SoftBank Managing Partner.
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