Tier, a Berlin-based e-scooter company that’s shortly increasing all through Europe, has acquired Vento Mobility, the Italian subsidiary of Wind Mobility. The corporations usually are not sharing the phrases of the deal, however it should mark Tier’s entry into the Italian market.
Just final month, Tier additionally acquired Nextbike, a German bike-sharing platform, a transfer to each turn out to be multi-modal and additional consolidate its micromobility empire. Since its founding, Tier has additionally acquired Makery, a supplier of digital providers like product technique, design and administration, engineering, testing and high quality, coaching and assist, and workers augmentation, in addition to Pushme, a battery swapping company.
On the Wind aspect of issues, the company additionally lately bought off its Israeli operations to Yandex, the Russian tech big, so it’s doable Wind is succumbing piece by piece to the inevitable trade consolidation. The company has raised a complete of $72 million; its final funding spherical was a Series A again in 2019. Tier, for comparability, raised $200 million as solely a part of its Series D spherical in October, bringing its complete funding as much as round $647 million.
Wind didn’t reply to TechCrunch’s inquiry for extra details about its technique transferring ahead.
As of Tuesday, the primary Tier e-scooters shall be accessible on the streets of Bari and Palermo, with different Italian cities to observe within the coming days and weeks, based on the company. Tier is already current in 165 cities in 18 nations, providing its scooters that embrace an built-in helmet, flip indicators on the handlebar and rear wing, and triple brakes with a big entrance wheel.
Wind’s Italian fleet had 4,500 e-scooters throughout 11 cities and cities in Italy. Tier stated it will not take over Wind’s fleet, and as an alternative would put its personal scooters on the bottom, however didn’t reply to requests for extra details about what could be completed with these scooters. Tier did say it will inherit all of Wind’s Italian workers.
This article has been up to date to mirror new data from Tier shared with TechCrunch.