Money Buzz! Europa

Tag: bolt

  • Bolt closes €150m round of funding, its largest ever

    Bolt closes €150m round of funding, its largest ever

    Bolt closed its largest ever round of funding. This €150m investment will help the company enhance the safety and quality of products and services.

    The investment was led by D1 Capital Partners, and also included Darsana Capital Partners.

    These new safety features include an SOS button, designed to let users contact emergency services quickly if needed and a ”Share Ride Info” button, allowing riders to inform friends and family of their location and expected time of arrival.

    Earlier this month, Bolt unveiled its 4th generation scooter, developed by 100% in-house.

    This scooter is now the safest scooter model on the market, thanks to unique sensors that detect unsafe riding patterns.

    It has also been optimised to provide extra stability and safer manoeuvring.

  • Bolt to invest over 100 million euros in the European e-scooters market

    Bolt to invest over 100 million euros in the European e-scooters market

    Bolt wants to become the largest micromobility operator in Europe within the next 12 months and will bring e-scooters to more than 100 cities across the continent in 2021.

    This year, the platform expanded its scooter operations to 45 cities in over 15 countries, including Sweden, Norway, and Portugal.

    In a recent survey of 1,800 UK Bolt riders, 50.38% of users said they’d choose a Bolt Scooter over a private-hire vehicle (PHV) for journeys under 5 km.

    Fierce competition on European e-scooter market

    Uber already announced that wants to bring 130,000 electric scooters to more than 100 European cities next year, expanding aggressively across the continent.

    This week, Berlin-based electric scooter start-up Tier Mobility raised $ 250 million from investors, to expand its operations beyond the 80 cities in 10 countries it now covers.

    In September, Swedish company Voi won Europe’s largest exclusive e-scooter contract in UK.

    In June, Enel X and Bird have consolidated their cooperation by adding to Enel X’s JuicePass app a section dedicated to the rental service of over 5,000 Bird electric scooters in different Italian cities.

    In February, Bird acquired Circ, an micromobility company with operations spanning across 43 cities in 12 countries.

  • Bonjour, Paris! Bolt launches electric bikes in France

    Bonjour, Paris! Bolt launches electric bikes in France

    Starting from July 1st, all Parisian urban commuters will have the opportunity to travel on a Bolt electric bike.

    The e-bikes are environmentally friendly and built from easily recyclable materials like aluminium, steel and plastic.

    The maximum motor-assisted speed is 25 km/h and the e-bike has a range of up to 65 km on a single charge.

    Over 1.000 Bolt e-bikes will be available for rental in Paris.

    To rent an e-bike, you’ll need the Bolt app and a payment card tied to your account to pay.