Tier, the Berlin-based scooter rental startup, raises €25M as European e-scooter market heats up

Tier, one of a number of electric scooter rental startups based in Berlin, has raised a chunky €25 million in Series A funding. Leading the round is VC fund Northzone, with participation from existing investors Speedinvest, and Point Nine. The investment marks the biggest financial backing for a European company in the space, and, according to my sources, signals the beginning of a pending VC war to create the “Bird or Lime of Europe”.
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