Electric scooter startup Bird is in talks to raise $300 million in a round led by Fidelity, per Axios. The new funding would reportedly maintain Bird's current $2 billion valuation. Launched in 2017 by former Lyft and Uber executive Travis VanderZanden, the business has already brought in $418 million in VC funding.
Most of that fundraising occurred during a very busy 2018 for the Santa Monica, CA-based Bird, one that included a series of tussles with regulators and a $300 million investment led by Sequoia in June. In October, meanwhile, Bird hired former Uber execs Dennis Cinelli and Yibo Ling to high-ranking positions. And the year ended with Bird denying reports that it was discussing a possible multibillion-dollar takeover with Uber.