And there now we now have it: Fowl, certainly one of many rising massively hyped Scooter startups, has roped in its subsequent pile of funding by deciding on up one different $300 million in a spherical led by Sequoia Capital.
The company launched the long-anticipated spherical this morning, with Sequoia’s Roelof Botha changing into a member of the company’s board of directors. That’s the second spherical of funding that Fowl has raised over the span of some months, sending it from a reported $1 billion valuation in Might to a $2 billion valuation by the highest of June. In March, the company had a $300 million valuation, nonetheless the Scooter hype follow has formally hit a fairly spectacular inflection degree as consumers pile on to get money into what many ponder to be the next iteration of resolving transportation at an far more granular diploma than cars or bikes. New consumers throughout the spherical embody