German micromobility startup Tier is in late-stage acquisition talks with European rival Bolt, Sifted has learnt. The deal comes amid a wave of consolidation sweeping the micromobility sector as growth capital remains hard to come by and businesses remain expensive to run.
News
May 16, 2023
Mobility giant Bolt likely to acquire rival Tier in weeks
If you can’t beat ‘em, get bought
3 min read
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Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

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