California-based Bird Rides Inc said it would acquire Circ, a German rival, for an undisclosed sum. — San Diego Union-Tribune/TNS
eScooter startup Tier Mobility extended a funding round to more than US$100mil (RM419.25mil) from US$60mil (RM251.55mil), at a time of increasing regulatory scrutiny.
Berlin-based Tier said Friday it added RTP Global, Novator Partners, and a third backer it declined to name, to its so-called Series B fundraising announced in October. One of Abu Dhabi’s sovereign wealth vehicles is also investing.
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