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Scoop: Bird raising $300 million in Fidelity-led round

Bird scooters in Paris. Photo: ERIC PIERMONT/AFP/Getty Images

E-scooter startup Bird is raising $300 million in new funding led by Fidelity, Axios has learned. Bird would maintain its existing $2 billion pre-money valuation, as this is being structured as an extension of its prior round.

The big picture: Bird continues to battle for "micromobility" supremacy with rival Lime, which is said to be seeking $400 million in its own new funding round. A Bird spokesperson declined comment.