# Mobility

The latest news, analysis and developments covering Europe’s mobility startups, including cities, logistics, transport and travel.

Micromobility giant Tier lays off 22% of its workforce in push for profitability
News
November 28, 2023
Micromobility giant Tier lays off 22% of its workforce in push for profitability
2023 has been a tough year for micromobility startups, with VC capital hard to come by and many companies declaring bankruptcy
Miriam Partington and Mimi Billing
Behold! A profitable micromobility startup
News
November 22, 2023
Behold! A profitable micromobility startup
London-based Forest subsidises the price of rides with revenue from advertising
Freya Pratty
‘We have a very high bar for M&As:’ Bolt’s founder on his acquisition strategy
Interview
November 21, 2023
‘We have a very high bar for M&As:’ Bolt’s founder on his acquisition strategy
Bolt’s CEO and founder tells Sifted about its acquisition plans and the path to an IPO
Zosia Wanat
Nordic merger between online grocers Oda and Mathem: ‘A step to become Europe’s number one’
News
November 16, 2023
Nordic merger between online grocers Oda and Mathem: ‘A step to become Europe’s number one’
Norwegian grocery delivery scaleup Oda is merging with its Swedish counterpart Mathem. The all-stock deal leaves Oda’s shareholders in the clear majority
Mimi Billing
How Sequoia-backed e-bike refurbisher Upway raised $30m in a micromobility slowdown
News
November 16, 2023
How Sequoia-backed e-bike refurbisher Upway raised $30m in a micromobility slowdown
The French startup has raised a $30m Series B while some competitors struggle through a difficult time
Daphné Leprince-Ringuet
Everything produced everywhere all at once — the Norwegian unicorn fighting shipping emissions
Interview
November 13, 2023
Everything produced everywhere all at once — the Norwegian unicorn fighting shipping emissions
With investors such as SoftBank, Insight and Harald Mix — Gelato wants to transform global production
Mimi Billing
Want to expand into the US or Canada? This region could give you the most value
Analysis
September 20, 2023
Want to expand into the US or Canada? This region could give you the most value
Access to highly skilled talent coupled with low taxes and business costs makes Alberta an attractive option for startups and scaleups
Sponsored by: Invest Alberta
Bankrupt ebike startup VanMoof finds a buyer
News
August 31, 2023
Bankrupt ebike startup VanMoof finds a buyer
British technology company McLaren Applied will buy the ebike maker to stabilise and expand it
Zosia Wanat
VanMoof files for UK insolvency as US firm submits buyout bid
News
August 2, 2023
VanMoof files for UK insolvency as US firm submits buyout bid
As UK operations file for insolvency, American business Micromobility.com has made a non-binding bid to buy the bankrupt startup
Sadia Nowshin and Zosia Wanat
Funding opportunities and a home in the sun: A founder's guide to Malta
Analysis
August 2, 2023
Funding opportunities and a home in the sun: A founder's guide to Malta
Evening swims, walks along the seafront and blossoming startup ecosystem
Sponsored by: Residency Malta Agency
VanMoof’s woes grow as London store repossessed by landlords
News
July 28, 2023
VanMoof’s woes grow as London store repossessed by landlords
Customers tell Sifted that they've had no communication from the company about the repossession
Sadia Nowshin and Alexandra Bacon
VanMoof: What happened to VCs' favourite bike?
Analysis
July 19, 2023
VanMoof: What happened to VCs' favourite bike?
Dutch e-bike company VanMoof was declared bankrupt this week, raising concerns among fans of the bikes
Sadia Nowshin, Tim Smith and Zosia Wanat
Bolt hires ex-Revolut CFO as new finance chief
News
July 6, 2023
Bolt hires ex-Revolut CFO as new finance chief
Mikko Salovaara quit the neobank for "personal reasons" just two months ago
Amy O'Brien
BlaBlaCar’s winding road to success
Analysis
July 5, 2023
BlaBlaCar’s winding road to success
From the pandemic to failed international expansions, the French mobility company has seen plenty of setbacks. But its new strategy and big growth in 2022 had investors bullish on the future
Chris O’Brien
EV unicorn Einride tops €3bn in signed contracts as it aims to make transport green
Analysis
July 5, 2023
EV unicorn Einride tops €3bn in signed contracts as it aims to make transport green
The autonomous truck startup opened several subsidiaries in 2022
Mimi Billing
Arrival loses key finance lifelines as troubles mount
News
July 4, 2023
Arrival loses key finance lifelines as troubles mount
The $283m proposed merger with Kensington Capital and a $25m financing line from Antara Capital look to be cancelled
Kabir Agarwal
Germany’s Fernride raises $31m to put more autonomous trucks to work
News
June 13, 2023
Germany’s Fernride raises $31m to put more autonomous trucks to work
The startup is building autonomous truck operating systems for use in industrial yards
Kai Nicol-Schwarz
Embattled Cazoo to restructure $630m debt burden
News
May 23, 2023
Embattled Cazoo to restructure $630m debt burden
The debt facility is one of the reasons, insiders say, why the share price continues to trade so low
Freya Pratty
Mobility giant Bolt likely to acquire rival Tier in weeks
News
May 16, 2023
Mobility giant Bolt likely to acquire rival Tier in weeks
If you can’t beat ‘em, get bought
Amy Lewin and Mimi Billing
Struggling scooter scaleup Tier raises convertible note from existing investors as it looks for a buyer
News
May 16, 2023
Struggling scooter scaleup Tier raises convertible note from existing investors as it looks for a buyer
The fundraise comes as the company is still posting losses
Mimi Billing, Amy Lewin and Eleanor Warnock
Shareholder upheaval and a $630m debt burden: end of the road for Cazoo?
Analysis
April 19, 2023
Shareholder upheaval and a $630m debt burden: end of the road for Cazoo?
Cazoo floated on the New York Stock Exchange in 2021 with a lofty $8bn valuation. Today, its market cap stands at just $83m
Freya Pratty
'Mini-revolt' as TravelPerk U-turns on remote work
Analysis
April 12, 2023
'Mini-revolt' as TravelPerk U-turns on remote work
A group of TravelPerk engineers have sent a signed letter of disagreement to the CEO, Avi Meir, sources tell Sifted
Anna Freeman
The European startups transforming supply chains, according to VCs
Analysis
February 23, 2023
The European startups transforming supply chains, according to VCs
Supply chains can be precarious things — here are the startups working to shore them up
Freya Pratty
Was the $5bn that VCs plugged into escooters worth it?
Analysis
February 16, 2023
Was the $5bn that VCs plugged into escooters worth it?
VCs loved escooters — but has this micromobility option lived up its hype five years on, or has the sector fallen behind on expectations?
Sadia Nowshin, Tim Smith and Mimi Billing

# Mobility

Micromobility giant Tier lays off 22% of its workforce in push for profitability

Behold! A profitable micromobility startup

‘We have a very high bar for M&As:’ Bolt’s founder on his acquisition strategy

Nordic merger between online grocers Oda and Mathem: ‘A step to become Europe’s number one’

How Sequoia-backed e-bike refurbisher Upway raised $30m in a micromobility slowdown

Everything produced everywhere all at once — the Norwegian unicorn fighting shipping emissions

Want to expand into the US or Canada? This region could give you the most value

Bankrupt ebike startup VanMoof finds a buyer

VanMoof files for UK insolvency as US firm submits buyout bid

Funding opportunities and a home in the sun: A founder's guide to Malta

VanMoof’s woes grow as London store repossessed by landlords

VanMoof: What happened to VCs' favourite bike?

Bolt hires ex-Revolut CFO as new finance chief

BlaBlaCar’s winding road to success

EV unicorn Einride tops €3bn in signed contracts as it aims to make transport green

Arrival loses key finance lifelines as troubles mount

Germany’s Fernride raises $31m to put more autonomous trucks to work

Embattled Cazoo to restructure $630m debt burden

Mobility giant Bolt likely to acquire rival Tier in weeks

Struggling scooter scaleup Tier raises convertible note from existing investors as it looks for a buyer

Shareholder upheaval and a $630m debt burden: end of the road for Cazoo?

'Mini-revolt' as TravelPerk U-turns on remote work

The European startups transforming supply chains, according to VCs

Was the $5bn that VCs plugged into escooters worth it?