Deals/M&A

PwC Legal advises Tier Mobility on Seed and subsequent Series A financing round of approx. EUR 27m

Nuremberg, 26th October 2018

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided comprehensive legal advice to Tier Mobility GmbH on a Seed and subsequent Series A financing round. The investors Speedinvest and Point Nine Capital already participated in the course of the Seed Investment, whereby lead investor Northzone  and Kibo Ventures joined as new investors within the Series A financing round. With the newly raised funds, the Berlin based start-up plans to expand its business to further European cities after the launch of Tier in Vienna in October.

Tier Mobility GmbH was only recently founded in July 2018 and created an eScooter sharing platform to provide electric scooters in urban areas. Its founding shareholders include ReBuy founder Lawrence Leuschner as well as Julian Blessin and Matthias Laug.

Advisors to Tier Mobility GmbH:

PwC Legal (Nuremberg):

Gerhard Wacker (Lead), Klara Körber, Raffael Cammareri (all Corporate / M&A)

Advisors to Northzone:

BLP – Berwin Leighton Paisner (Germany) LLP:

Dr. Albrecht von Breitenbuch (Lead), Nora Wunderlich (both Real Estate & Corporate Finance)

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