Tuesday, September 16, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home World Regional News Europe

European Micromobility Startup Dott Grabs $70 million

Femi Thomas by Femi Thomas
02/11/2022
in Europe, Funding, Mobility
0 0
0
Dott

Dott

0
SHARES
Share on FacebookShare on Twitter

Urban mobility startup Dott has raised an extension to its Series B round.

Originally announced in the spring of 2021, the company raised an $85 million Series B round,  it was a mix of equity and asset-backed debt financing.

And today, the company is adding another $70 million to this round once again, it’s a mix of equity and debt.

Dott is a European micromobility startup that is better known for its scooter-sharing service. More recently, the company added an electric bike-sharing service in some cities.

Abrdn is leading the Series B extension with Dott’s existing investor Sofina.

Other existing investors put more money on the table, such as EQT Ventures and Prosus Ventures.

Dott competes with several micromobility startups in Europe. Its most direct competitors are Tier, Lime and Voi.

They are quite similar when it comes to pricing and scooters — most of them work with Okai to design their scooters — but they don’t necessarily operate in the same markets.

Right now, Dott covers 36 cities across nine European countries. The company manages 40,000 scooters and 10,000 bikes.

While Dott isn’t sharing revenue numbers, the startup processed 130% more trips in 2021 compared to 2020.

 

Read more on Tech Gist Africa:

Turkey’s Midas raises $11 million in seed round

Selina Raises $150M to dish out Flexible Loans that Leverage Home Equity

GWI Raises $180M Series B at $850M Valuation for its Market Research SaaS

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Femi Thomas

Femi Thomas

Related Posts

The Invigilator South Africa
Funding

The Invigilator, a South African ed-tech startup  Raises $11 Million to Transform Remote Exam Monitoring

by Tech Gist Africa
09/12/2025
0

South African ed-tech startup The Invigilator has closed an $11 million funding round (about ZAR 195 million) to scale its...

Read more
Alibaba China

Alibaba Group Holding announced plans to raise about US$3.2 billion

09/11/2025
Intella Egypt

Intella, an Egyptian startup Scores $12.5M Series A to Power Arabic Speech AI Across MENA

09/11/2025
uber helicopter

Uber Takes Flight: Book Helicopter Rides via App Starting 2026

09/11/2025
REdimension Capital South Africa

REdimension Capital Secures $13.8 Million to Transform South Africa’s Proptech Landscape

09/04/2025
Next Post
Productboard

Productboard Reaches Unicorn Status after Securing €110M Funding

Africa development bank AFDB Tech Gist Africa

The African Development Fund has signed a grant agreement worth $14.2 million for a financial digitalization initiative

Binance

Binance, a cryptocurrency exchange, will invest $200 million in Forbes, a US media company

No Result
View All Result

The Big 5

Gitex Nigeria 2025

Nigeria’s Digital Moment: Key Takeaways from GITEX Nigeria 2025

by Tech Gist Africa
09/11/2025
0

...

Itana Nigeria

Itana Opens Applications for Digital Residency Launchpad

by Tech Gist Africa
09/11/2025
0

...

Africa’s Business Heroes 2025

Africa’s Business Heroes Names 20 Finalists for $1.5M 2025 Prize

by Tech Gist Africa
09/11/2025
0

...

Innovation Process

Djezzy Launches Open Innovation Challenge 2025 to Drive Inclusive Digital Transformation in Algeria

by Tech Gist Africa
09/11/2025
0

...

Temidayo Isaiah Oniosun Nigeria

Temidayo Oniosun Launches Nigeria’s First Egusi Seeds to Space

by Tech Gist Africa
09/11/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.