By Sam Bridge
US-based Bird has announced the acquisition of Circ, promising to add hundreds more staff to Middle East operations
US-based micromobility company Bird has announced the acquisition of Circ, promising to add hundreds more staff to Middle East and European operations.
The combined company will result in Bird adding more than 300 employees to its operations to help cities including Abu Dhabi reduce carbon emissions and congestion.
Circ was the first licensed micromobility operator to launch in the Middle East in Abu Dhabi in July and has completed over 500,000km of rides in the region since.
Together, Bird and Circ said they will make it easier for cities in the region to manage micromobility programs while continuing to scale and increase the reliability of its e-scooter service.
“I founded Bird nearly three years ago because we need to change the status quo and take a transformative stance to combat the traffic and pollution that affect our cities and endanger people globally,” said Travis VanderZanden, founder and CEO of Bird.
“To further advance our mission, we’re excited to acquire Circ which is the clear European and Middle East leader. We like their laser focus on treating cities as their number 1 customer and their mindset of prioritizing profitability over growth.”
Jaideep Dhanoa, co-founder and CEO, Circ MENA, added: “We look forward to servicing our cities in more ways with continued investments in the Middle East region, leveraging the increased resources and experience of our combined companies. Together we remain committed to delivering a service localized for the needs of the Middle East market.”
Bird also announced a $75 million extension to its Series D funding round, bringing the size of the round to $350 million.
Capital from the investment will be used to make rapid progress on the company’s path to profitability, to increase its vehicle development and research initiatives, and to support European expansion plans, it said.transport news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.