Santa Monica, California-based mobility startup Bird today announced a mammoth series D fundraising round that values the company at $2.5 billion, up from $2 billion in January. (Bird has the distinction of being the fastest company to reach $1 billion.) CDPQ and Sequoia together contributed $275 million, building on a $158 million series C last June, a $100 million series B in March 2018, and a $15 million series A in October 2017. Previous and existing investors include Accel and B Capital, in addition to CRV, Sound Ventures, Greycroft,, Craft Ventures, Index Ventures, Valor, Goldcrest Capital, Tusk Ventures, and Upfront Ventures.

This latest round follows on the heels of Bird’s roughly $25 million acquisition of electric scooter and bike operator Scoot Networks, which enabled

Read More At Article Source | Article Attribution