Stories

Bird confirms $300 million fundraise

A Bird scooter in Santa Monica. Photo: Wally Skalij/Los Angeles Times via Getty Images

Scooter startup Bird confirmed on Thursday that it has raised $300 million in new funding led by Sequoia Capital, just months after raising its last round.

Why it matters: Scooters are the latest smartphone-enabled transportation craze, reminiscent of the ride-hailing wars a few years ago, and Bird's strategy resembles Uber's—raise more money than the competition and rapidly expand.