Bolt Raises €628 Million, Its Largest Funding Ever, to Boost Growth
By Nixon Kanali
Ride-sharing and food courier service Bolt has raised €628 million at a valuation of €7.4 billion.
The round is Bolt’s largest-ever funding and was led by Sequoia Capital and Fidelity Management and Research Company LLC with participation from Whale Rock, Owl Rock (a division of Blue Owl), D1, G Squared, Tekne, Ghisallo, and others, and takes Bolt’s valuation to €7.4 billion.
Photo courtesy of Jean Gerber.
Source: TechTrendsKE (link opens in a new window)
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