INSUBCONTINENT EXCLUSIVE:
Electric scooter startup Bird is said to be nearing a deal to extend its Series C funding with an additional $300 million led by cross-over
investor Fidelity, according to an Axios report
Bird declined to comment.Fidelity has not previously invested in Bird and is reportedly doing so at a flat pre-money valuation of $2
billion, which Bird earned with a $300 million Sequoia-led financing in June
Santa Monica-based Bird has raised more than $400 million in venture capital funding to date from investors, including Accel, CRV,
Greycroft, Index Ventures, Upfront Ventures, Craft Ventures and Tusk Ventures.The investment comes at a time when many investors are losing