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.

More:

  • Sequoia Capital partner Roelof Botha is joining Bird's board. Other investors include Accel Ventures, B Capital, Charles River Ventures, Sound Ventures, Greycroft, and existing investors like Craft Ventures, Index Ventures, Valor, Goldcrest, Tusk Ventures, and Upfront Ventures.
  • The first part of the round was raised at a $1 billion valuation, while the second half was done at $2 billion.

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Axios Re:Cap digs into the pandemic's urban-rural divide with microbiologist Amber Schmidtke, who has found that coronavirus-related morbidity is higher in many of Georgia's rural counties than in Atlanta.

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Illustration: Sarah Grillo/Axios

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  3. Public health: The U.S.'s new default strategy: herd immunity — 23 states and D.C. are mandating face coverings.
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Biden and Trump point fingers over "buy American" proposals

Joe Biden at a campaign event in Wilmington, DE. Photo: Alex Wong/Getty Images

President Trump and Joe Biden are going back and forth over the former vice president's "buy American" economic proposal, which Trump claims Biden "plagiarized" from him.

Why it matters: Biden is directly challenging Trump and his "America First" agenda with the release of his latest plan, focused on economic recovery and re-investing in American manufacturing in the wake of the coronavirus pandemic.