Bird gobbles up another rival scooter startup, this time in Europe

Bird has announced that it will acquire Circ, a leading electric scooter rental business in Europe and the Middle East. The acquisition is the latest sign of consolidation among e-scooter companies as the quest for a profitable business model intensifies.

As part of the deal, Bird will take on 300 of Circ’s employees, many of whom are based in Berlin. Bird also announced a $75 million extension to its Series D funding round, bringing the total size of the round to $350 million — though it would not disclose the amount for the transaction.

Circ isn’t Bird’s first acquisition. The Santa Monica-based company bought West Coast rival Scoot for a reported $25 million in early...

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Bird gobbles up another rival scooter startup, this time in Europe Bird gobbles up another rival scooter startup, this time in Europe Reviewed by Benny on January 27, 2020 Rating: 5

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