Tier, a Berlin-based electric scooter company growing rapidly across Europe, has acquired Vento Mobility, the Italian subsidiary of Wind Mobility. The companies do not share the terms of the agreement, but it will mark Tier’s entry into the Italian market.
Last month, Tier also acquired Nextbike, a German bike-sharing platform, a move both to go multimodal and to further solidify its micromobility empire. Since its inception, Tier has also acquired Makery, a provider of digital services such as product strategy, design and management, engineering, testing and quality, training and support, and staff augmentation. , as well as Pushme, a battery exchange company.
On Wind’s side, the company also recently sold its Israeli operations to Yandex, the Russian tech giant, so it’s possible Wind will slowly succumb to the inevitable industry consolidation. The company raised a total of $ 72 million; its last round of funding was a Series A in 2019. Tier, for comparison, raised $ 200 million as part of its Series D round in October, bringing its total funding to around $ 647 million.
Wind did not respond to TechCrunch’s request for more information on its strategy going forward.
From Tuesday, the first Tier electric scooters will be available on the streets of Bari and Palermo, with other Italian cities to follow in the days and weeks to come, according to the company. Tier is already present in 165 cities in 18 countries, offering its scooters that include an integrated helmet, turn signals on the handlebars and rear spoiler, and triple brakes with a large front wheel.
Wind’s Italian fleet numbered 4,500 electric scooters in 11 cities in Italy. Tier did not respond to requests for further information on what would be done with these scooters, or whether Tier would inherit all, or only some key members, of Wind’s Italian staff.