Monday
January 17
2022

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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Technology
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impact investing, mobility, social impact, technology, transportation, Women