Press – TIER

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TIER and nextbike unite to become the number 1 for sustainable micro-mobility

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.

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TIER raises $200 million Series D funding round to fulfil its mission to Change Mobility For Good

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…

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TIER is giving away 1 million free rides on Car Free Day to Beat Traffic for Good

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.

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