PwC Legal advises e-scooter startup TIER Mobility on further financing round including formula 1 world champion Nico Rosberg as new investor

Mai 27, 2019

Nuremberg, May 27 2019

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided TIER Mobility GmbH with comprehensive legal advice on a further financing round. After the rapid expansion course over the last months, formula 1 world champion Nico Rosberg has joined the community of investors in this financing round. TIER Mobility GmbH hopes that the support of Nico Rosberg, one of the most popular faces of the growing global e-mobility movement, will push the company in its mission to change mobility for good.

To date, TIER Mobility GmbH has raised a total of EUR 32,4 Mio.

TIER Mobility GmbH developed a sharing platform for electric scooters. Zero-emission e-scooters shall reduce the use of cars and help cities shift their focus from cars to alternative e-vehicles as means of transport.

The Berlin based startup started its business in October 2018, is currently operating in 20 cities across 10 European markets and already has 200+ employees. The company was founded by Lawrence Leuschner, Matthias Laug and Julian Blessin.

The company’s existing investors come from Germany / Austria (Point Nine, Speedinvest), France (White Star Capital), Scandinavia (Northzone), Spain (Kibo), Portugal (Indico) and Poland (Market One Capital).

Advisor to Tier Mobility GmbH:

PwC Legal (Nuremberg):

Gerhard Wacker, Klara Körber, Christian Heigl (all Corporate / M&A)

 

For further information please contact:
Sven Humann
PwC Communications
Tel.: (0211) 981 – 21 88
Write an email

 

About PwC Legal:

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (law firm PwC Legal) is represented with more than 230 lawyers at 18 locations in Germany. It provides integrated legal advice in cooperation with the business lines audit and assurance services (Assurance), tax consulting services (Tax) as well as deals and consulting (Advisory) of PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft. Sound technical know-how and practice-oriented economic understanding characterize the way we work. PwC Legal is a member of the worldwide PwC Legal network, with more than 3,500 lawyers offering their services in 100 countries worldwide.

About PwC

The common purpose of PwC is to build trust in society and solve important problems. With a network of firms in 158 countries, more than 236,000 people are committed to providing high-value sector-specific services in the fields of Auditing, Tax and Business Consulting.

The brand name, PwC, refers to the PwC network and/or to one or several of its member firms, each of which is a separate legal entity. Further details under www.pwc.com/structure.

 

Contributors

Gerhard Wacker

Corporate/M&A

Tel: +49 911 94985-281

Klara Josefine Körber

Corporate/M&A

Tel: +49 911 94985-368