Sequoia Capital and Fidelity Management led a $709m funding round in Bolt.

Investment firms Sequoia Capital and Fidelity Management led a $709m funding round in Bolt, an Estonian mobility company. Additional investors include Whale Rock, Owl Rock, D1, G Squared, Tekne and Ghisallo. “We’ve developed products that offer better and more affordable alternatives for almost every purpose a private car serves. We’re committed to working with cities to help people make the switch towards shared mobility options like ride-hailing and light vehicles to transform urban areas into sustainable, people-friendly spaces,” Markus Villig, Bolt Founder and CEO.