Bird is reportedly raising $150 million at $1 billion valuation

INSUBCONTINENT EXCLUSIVE:
Bird, the electric scooter company that first launched in Los Angeles, is reportedly raising $150 million in new financing led by Sequoia
Capital, according to Bloomberg
million valuation back in March
That same month, Bird deployed its scooters in San Francisco, San Jose and Washington, D.C
Below are confirmed funding rounds from electric scooter companies
However, Lime is reportedly trying to raise up to $500 million.In San Francisco, Bird, Lime and Spin must remove their scooters from the
streets by June 4
If a company receives a permit to operate, which the San Francisco Municipal Transportation Agency will notify them of sometime in June,
they will be able to redeploy their scooters.