[TechUkraine news] Bolt Raises $713 Million Led by Sequoia

Estonian ride-hailing company Bolt has raised $713 million of investment from Sequoia, Tekne, Ghisallo, and existing G Squared, D1 Capital, and Naya with valuation $4.75 billion.
  • The company plans to use the fresh funding on its grocery delivery service — to kick it off in ten European countries, including Sweden, Portugal, Croatia, and Romania.
  • Bolt has R&D center in Kyiv, In 2020 the company launched the service of renting electric scooters in Kyiv the Bolt Food delivery service in Ukraine.
via CNBS