Oct 3, 2019 - Energy & Environment

E-scooter company Bird raises $275 million

llustration:Rebecca Zisser / Axios

Electric scooter rental company Bird today announced $275 million in Series D funding at what we hear was a $2.5 billion pre-money valuation. CDPQ and Sequoia Capital co-led the round.

The bottom line: E-scooter companies are simultaneously working to curb losses, curry favor with city regulators, and convince investors they're the next great transportation revolution.

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