Scooters

Lime is the latest tech upstart to embrace the industry’s new calling: be profitable.

Scooter startup Bird unveiled $275 million in new funding Thursday led by Silicon Valley stalwart Sequoia and Canadian pension investor CDPQ at a $2.75 billion valuation.

A critical juncture for micromobility has arrived. The astronomical growth in VC activity has slowed, with deal count and value currently on pace to hit three-year lows.

Despite its skyrocketing valuation, scooter startup Bird is in dire financial straits and seeking to raise more funding as investor interest in micromobility wears down.

From developments in its autonomous vehicle offerings to electric scooters to food delivery, here’s a look at the latest news involving Uber.

In recent months, an ever-growing crop of startups centered on personal mobility have raised billions from venture capitalists. But the bike and scooter crazes haven’t been without controversy.

Explore our interactive market map, which highlights some of the largest VC-backed companies in the ridesharing, carsharing and personal mobility sectors.

The latest in scooter-mania: Lime has expanded its affordability program nationwide and Bird’s anxiously awaiting approval to relaunch its scooters in San Francisco.

The bike and scooter-sharing space is ripe for further consolidation amid red-hot investor interest and a scramble for market share.

Lime has released its electric scooters on the sidewalks of Paris, and it isn’t the only company of its kind to launch international expansion plans.

Yellow scooters are on the way. Ofo is among the 12 companies that have met San Francisco’s June 7 deadline to apply for a permit to operate scooters in the city.

It looks like all three members of the scooter startup trifecta will pull in fresh venture capital in 2018.

The founder of electric scooter startup Bird, Travis VanderZanden, seems to be taking his cues from another Travis.