Europ

Top European investors are betting the crazy $3 billion US scooter trend will go global

4 days ago   |   By Business Insider

The buzziest startup idea in the US right now involves dumping hundreds of dockless scooters in a city and then hiring them out to people who want to make short trips.
Scooter rental startups Lime and Bird were only founded last year but have raised million of dollars in funding and racked up a collective valuation of $3 billion.
Two big-name European investors, Index and Atomico, jumped on funding rounds just as the trend is set to hit Europe.
Index partner Martin Mignot said taking scooters and other light electronic vehicles for short trips could be as common as taking public...
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