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Berlin's Yababa snags $15.5M to scale a multicultural grocery delivery biz across Europe – TechCrunch

Berlin-based Yababa only started its same-day grocery delivery business this summer, selling products geared towards the tastes of the capital’s sizeable Turkish and Arabic communities shortly afterwards, but in a few short months it’s closed a $15.5 million seed round of funding to fuel planned rapid expansion — both within Germany and across Europe. “Paris, […]
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Tier scoots off with 'first close' of its $200M Series D – TechCrunch

Berlin-based e-scooter rentals company Tier Mobility has announced a $200 million raise which it says is the “first close” of its Series D, as investors continue to plough money into urban micromobility. The startup confirmed to TechCrunch it will be raising a larger amount before the Series D is closed out (and the full round […]
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Tier Mobility Raises $60M in Asset-Backed Financing

Tier Mobility, a Berlin, Germany-based e-scooter operator, secured $60m of asset-backed financing from Goldman Sachs. This debt facility, which follows a $250m Series C funding round raised in November last year – will accelerate Tier’s e-scooter fleet expansion for 2021. Founded in 2018 by Lawrence Leuschner, Matthias Laug and Julian Blessin, Tier Mobility is a shared micro-mobility provider offering people a range of shared, light electric vehicles, from e-scooters to e-bikes and e-moped...
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Tier Mobility secures $60 million from Goldman Sachs

Tier Mobility secures $60 million from Goldman Sachs Micromobility provider Tier Mobility has secured additional capital to drive the expansion of its fleets. The Berlin-based company is receiving $60 million (49 million euros) in loan financing from Goldman Sachs. The loan was apparently conditional on the previous $250 million financing round in autumn 2020, but Goldman Sachs also considered business performance in the Covid 19 crisis and winning tenders in London, Paris and Dubai. “Tier ha...
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Tier banks $60 million in debt from Goldman Sachs to expand scooter fleet

Berlin-based Tier Mobility has raised $60 million to help the e-scooter company expand its fleet and its network of battery charging stations in 2021. The funds, which come from investment banking firm Goldman Sachs, come just weeks after Tier was awarded the London e-scooter pilot permit, alongside Lime and Dott. With a major new city on the horizon and hints of further expansion plans, Tier will need a significant upfront investment to cover everything from fleet orders to local warehouses t...
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Source: yahoo.com

Tier banks $60 million in debt from Goldman Sachs to expand scooter fleet – TechCrunch

Berlin-based Tier Mobility has raised $60 million to help the e-scooter company expand its fleet and its network of battery charging stations in 2021. The funds, which come from investment banking firm Goldman Sachs, come just weeks after Tier was awarded the London e-scooter pilot permit, alongside Lime and Dott. With a major new city […]
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