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Bolt Technologies closes largest funding round to date

Bolt Technology, easily tagged as Estonia's answer to Uber, has completed its largest funding round to date. Investors poured 628 million euros into the company, which had received another €600Mn in financing only last year. Bolt's e-scooter hire is but one part of the growing business. Since lau
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Bolt to expand EV option in South Africa – TechCrunch

Estonian on-demand transport firm Bolt is set to roll out electric taxi options in South Africa four months after introducing e-bike food delivery services in the country. Bolt’s plan follows the introduction of a ‘green category’ – which lets riders hail an electric or a hybrid vehicle. This comes as the company expands its services […]
Nairobi Area South Africa Cape Town Western Cape Markus Villig International Finance Corporation

Bolt raises €600m in round led by Sequoia Capital

Bolt raises €600m in round led by Sequoia Capital Image: Bolt This round brings Bolt’s total valuation to more than €4bn as the Estonian mobility company says it plans to push into the grocery delivery market. Estonian ride-hailing start-up Bolt has raised €600m in a Series E funding round led by Sequoia Capital. Other new investors that participated in the round included Tekne and Ghisallo, while G Squared, D1 Capital and Naya all returned to increase their investments. A post-money va...
Andrew Reed Markus Villig Alexander Selegenev Sequoia Capital Bolt Market Bolt Drive

Bolt Supports Gender Inclusion in Africa

Bolt has introduced its Drive for Women In Tech (Drive4WI Tech) initiative to support women in building a career in technology. The initiative is an internship programme for young women who choose to start a career in technology regardless of their existing educational background. From the vast number of applicants across Africa, nine interns have been selected from Ghana, Nigeria and Kenya, for this year’s Bolt Drive4WI Tech initiative. The goal for Bolt is to equip the interns, with prelimi...
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Made in Emerging Europe: Houston, Launchpad Capital, Bolt, DappRadar

Made in Emerging Europe: Houston, Launchpad Capital, Bolt, DappRadar May 10, 2021 Emerging Europe’s start-up scene is thriving, and has hit the 2021 ground running: new money is pouring into the market all the time. To keep you up to date with the latest investments, innovations, movers and shakers, each Monday Emerging Europe brings you a handy round-up of the region’s start-ups which closed financing rounds over the previous seven days. Robert Blaga, founder of Houston Bucharest-based Ho...
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