Dutch-French e-scooter startup Dott raises $85 million as it plans to roll out e-bikes

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Micromobility startup Dott with headquarters in Paris and Amsterdam has secured $85 million in a Series B funding round. The capital injection was co-led by Belgium-based Sofina and UK-based Estari, with participation from EQT Ventures, Prosus Ventures, Aberdeen Standard Investments, Expon Capital, Felix Capital, FJ Labs, Invest-NL, McRock Capital, Quadia, and angel investors. The round is a mix of equity and asset-backed debt financing, Dott said in a press release.

The new round brings the total amount raised by Dott to about €120 million, which is noticeably less than what its European micromobility peers have secured. For example, Germany’s TIER Mobility has landed a total of some $388 million so far, while the Swedish contender Voi Technology has picked up over $350 million.

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