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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 […]
Bolt, the first European super-app, has closed a R10.3bn (€600m) funding round, increasing the company’s valuation to more than R68.6bn (€4B). Bolt will use
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 valuation of the company came to more than €4bn. Bolt said the influx of funding will mainly be put ...
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 preliminary knowledge and hands-on tools required to expand their career paths into areas in technology. Th...
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 Houston gets 200,000 euros for learning platform for remote teams Romanian start-up Houston has attrac...