The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of populations to move to more sustainable transportation. In 2021, players like Tier, Voi and Dott continued to raise VC backing.
But the war for funding is ultimately about who will win in this coveted market — either through market domination via raising the most capital, putting pressure on competitors or by acquiring said competitors.
Thus, the latest chapter in this saga is about to play out, with the news that Voi Technology — a major European micromobi …