Bird acquires European micro-mobility company Circ
Bird announced it has acquired Berlin-based Circ . The combined company will result in Bird adding more than 300 employees to its European operations to provide streamlined, sustainable, and safe operations for cities looking to reduce carbon emissions and congestion. Bird has also announced a $75 million extension to its Series D funding round, bringing the size of the round to $350 million.
Founded by serial entrepreneur and investor, Lukasz Gadowski, Circ is a shared e-scooter company in Europe and the Middle East. With operations spanning across 43 cities in 12 countries, Circ has brought world-class city-centric solutions and customer service to millions of riders. Together, Bird and Circ will make it easier for cities to manage micro-mobility programs while continuing to scale and increase the reliability of its service to the tens of millions of people who have embraced shared e-scooters as a new form of sustainable and efficient transportation. Investors joining Bird’s existing investors as part of the combined company include Target Global, Team Europe, Idinvest Partners, and Signals Venture Capital.
“I founded Bird nearly three years ago because we need to change the status quo and take a transformative stance to combat the traffic and pollution that affect our cities and endanger people globally. To further advance our mission, we’re excited to acquire Circ which is the clear European leader. We like their laser focus on treating cities as their number 1 customer and their mindset of prioritizing profitability over growth.” – Travis VanderZanden, founder and CEO of Bird.
“With deep city partnerships and leading technology, we have established ourselves as the micromobility leader in Europe. As a combined company with Bird, we will be able to significantly accelerate our mission throughout Europe to provide safe, available, affordable, convenient, and sustainable rides.” – Lukasz Gadowski, founder and CEO, Circ.