Europe’s leading micro-mobility operator TIER is today acquiring Europe’s top bikeshare player nextbike. The Berlin-based company TIER has purchased 100% of the shares in the Leipzig-based bike-sharing company nextbike. With the acquisition, TIER expands its large portfolio of shared, light electric vehicles with rental bikes and e-bikes, and it becomes the leading micro-mobility provider in the world across multiple two-wheeled modes. nextbike can leverage TIER’s innovative strength and financial resources, which was further bolstered by its recent Series D financing round of $200million.
Participants in the funding round include existing investors SoftBank Vision Fund 2, Mubadala Capital, RTP Global, Novator, White Star Capital, Northzone, and Speedinvest alongside new partners like M&G Investments and Mountain PartnersThis round of funding is part of a broader equity and debt raise Berlin, October 25, 2021 – TIER, Europe’s micro-mobility leader, today announced the…
Every year on or around 22 September, cities across the globe celebrate World Car-Free Day, encouraging motorists to give up their cars for a day. The event highlights the numerous benefits of going car-free to citizens, including reduced air pollution and the promotion of walking and cycling in a safer environment. As part of this year’s European Mobility Week, themed ‘Safe and Healthy with Sustainable Mobility’, Europe’s leading shared micro-mobility provider, with a mission to Change Mobility for Good, is taking various actions across Europe and giving away 1 Mio. free rides for new riders , stressing the alternatives to polluting vehicles on this important day.
TIER Mobility has invested in more than 100 parking racks for e-scooters across the Swedish capital, in a joint initiative with fellow e-scooter operator Voi Technology. The peers are investing in creating more space for shared, sustainable micro-mobility in collaboration with the City of Stockholm.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
These cookies allow the website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced, more personal features. For instance, a website may be able to provide you with local weather reports or traffic news by storing in a cookie the region in which you are currently located. These cookies can also be used to remember changes you have made to text size, fonts and other parts of web pages that you can customise. They may also be used to provide services you have asked for such as watching a video or commenting on a blog. The information these cookies collect may be anonymised and they cannot track your browsing activity on other websites.
These cookies allow us to count visits and traffic sources, so we can measure and improve the performance of our site. They help us know which pages are the most and least popular and see how visitors move around the site.
These cookies are used to deliver adverts more relevant to you and your browsing patterns. They are also used to limit the number of times you see an advertisement as well as help measure the effectiveness of the advertising campaign. They are usually placed by advertising networks with the website operator’s permission. They remember that you have visited a website and this information is shared with other organisations such as advertisers.