Technology Magazine May 2020 | Page 76

SANTA MONICA , CALIFORNIA [$ 623MN ]
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04 Bird

SANTA MONICA , CALIFORNIA [$ 623MN ]

Bird is a micromobility technology unicorn that provides electric scooters and bicycles to over 100 cities worldwide . The company recently announced it was diversifying into payments , repurposing its app , which is used to unlock scooters , to also act as a payment option at select local businesses in Los Angeles . In 2018 , the company was deemed the fastest startup to ever be valued at $ 1bn , having only been founded the year before . To date , it has raised $ 623mn . 76 4

MAY 2020