Deals/M&A

PwC Legal advises e-scooter startup TIER Mobility on further financing round including formula 1 world champion Nico Rosberg as new investor

Nuremberg, May 27 2019

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided TIER Mobility GmbH with comprehensive legal advice on a further financing round. After the rapid expansion course over the last months, formula 1 world champion Nico Rosberg has joined the community of investors in this financing round. TIER Mobility GmbH hopes that the support of Nico Rosberg, one of the most popular faces of the growing global e-mobility movement, will push the company in its mission to change mobility for good.

To date, TIER Mobility GmbH has raised a total of EUR 32,4 Mio.

TIER Mobility GmbH developed a sharing platform for electric scooters. Zero-emission e-scooters shall reduce the use of cars and help cities shift their focus from cars to alternative e-vehicles as means of transport.

The Berlin based startup started its business in October 2018, is currently operating in 20 cities across 10 European markets and already has 200+ employees. The company was founded by Lawrence Leuschner, Matthias Laug and Julian Blessin.

The company’s existing investors come from Germany / Austria (Point Nine, Speedinvest), France (White Star Capital), Scandinavia (Northzone), Spain (Kibo), Portugal (Indico) and Poland (Market One Capital).

Advisor to Tier Mobility GmbH:

PwC Legal (Nuremberg):

Gerhard Wacker, Klara Körber, Christian Heigl (all Corporate / M&A)

About PwC Legal:

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About PwC:

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