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Electric scooter-sharing startup Bird has raised $15 million in Series A funding, led by Craft Ventures.

Why it matters: Bird founder Travis VanderZanden is no stranger to successful transportation startups: He previously was head of driver growth at Uber and, before that, was COO of Lyft (spurring a legal spat).

He ended up at the latter after it acquired his startup Cherry, which provided on-demand car washes.

Yammer mafia: VanderZanden and Craft Ventures co-founder David Sacks worked together at workplace chat service Yammer. Sacks helped found the company and was CEO, while VanderZanden was chief revenue officer for more than two years. It was later acquired by Microsoft for $1.2 billion.

  • Bird's management team also includes other alumni of Lyft, Uber and Yammer.
  • Other investors in the round include Tusk Ventures, Valor, Lead Edge Capital, and Goldcrest Capital.

Go deeper

Caitlin Owens, author of Vitals
4 hours ago - Health

Biden taps ex-FDA chief to lead Operation Warp Speed amid rollout of COVID plan

Photo: Alex Wong/Getty Images

President-elect Joe Biden has picked former FDA chief David Kessler to lead Operation Warp Speed, a day after unveiling a nearly $2 trillion pandemic relief plan that includes $400 billion for directly combatting the virus.

Why it matters: Biden's transition team said Kessler has been advising the president-elect since the beginning of the pandemic, and hopes his involvement will help accelerate vaccination, the New York Times reports. Operation Warp Speed's current director, Moncef Slaoui, will stay on as a consultant.

The case of the missing relief money

Illustration: Sarah Grillo/Axios

A chunk of stimulus payments is missing in action, thanks to a mix up that put as many as 13 million checks into invalid bank accounts.

Why it matters: The IRS (by law) was supposed to get all payments out by Friday. Now the onus could shift to Americans to claim the money on their tax refund — further delaying relief to struggling, lower-income Americans.

The post-Trump GOP, gutted

McConnell (L), McCarthy (R) and Trump. Photo: Erin Schaff-Pool/Getty Images

Republicans will emerge from the Trump era gutted financially, institutionally and structurally.

The big picture: The losses are stark and substantial.