Scooter Startup Bird Seeks Funding at $2 Billion Valuation

San Francisco's Scooter Ban Is in Effect
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Scooter-rental startup Bird Rides Inc., which is raising money at an unprecedented pace, is seeking another $150 million, according to a securities filing. A deal would up the company’s valuation to $2 billion.

If it completes the new fundraising effort, it would double the amount Bird raised at half the valuation just weeks ago, people familiar with the matter said. Sequoia Capital led that round with participation from Accel and other investors, said the people, who asked not to be named because the details are private.