Funding round
Dott Series B
Dott, which works in micromobility services in Netherlands, raised $60M in a Series B round announced on 7 Oct 2019, led by Mubadala Capital and Goodwater Capital. 11 firms took part. It is Dott's second venture round on record; the one before was a Series A in Oct 2018.
$60M
Amount raised
Not disclosed
Post-money valuation
11
Investors
2 leads
Valuation
What this round says about the price
Dott did not disclose a valuation in this round. It came 12 months after Dott's Series A. It is 16% of the $374M Dott has raised in the venture rounds on record. Dott raised again 13 months later: a Series C round of $250M in Nov 2020, at $1.00B post-money.
Dott's funding rounds
Dott has 5 venture rounds on record and 2 other deals. This one is highlighted.
- Series A 24 Oct 2018, led by Northzone $29M
- Other not a venture round 14 Dec 2018, led by EQT Ventures and Prosus $23M
- Series B this round 7 Oct 2019, led by Mubadala Capital and Goodwater Capital $60M
- Series C 10 Nov 2020, led by SoftBank Vision Fund $250M$1.00B post-money
- Bridge 28 Oct 2025 $17M
- Debt not a venture round 28 Oct 2025 $82M
- Series D 29 Oct 2025, led by EQT Ventures $17M
Investors
Who put money in
Mubadala Capital and Goodwater Capital led the round with 9 other firms.
Lead investors
- Mubadala Capital backs 61 venture-backed companies
- Goodwater Capital backs 162 venture-backed companies
Also in the round
- AXA Germany
- backs 12 venture-backed companies
- White Star Capital
- backs 104 venture-backed companies
- Speedinvest backs 186 venture-backed companies
- backs 105 venture-backed companies
- backs 25 venture-backed companies
- backs 29 venture-backed companies
- backs 24 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing and scaling operations.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
The closest in time: 2 in Bicycle Rental Services, then Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Voi Bicycle Rental Services | 10 Nov 2019 | $85M | not disclosed | VNV Global |
| Bicycle Rental Services | 3 Jun 2020 | $47M | not disclosed | Valor Capital Group and Redpoint eventures |
| Industrial Machinery & Supplies | 23 Oct 2019 | $110M | not disclosed | Corner Ventures |
| Tech Companies | 21 Oct 2019 | $105M | $1.00B | Index Ventures |
| Tech Companies | 3 Oct 2019 | $80M | not disclosed | CapitalG |
| Payment Processing & Point of Sale | 28 Oct 2019 | $65M | not disclosed | Digitalis Ventures |
| Biotechnology | 16 Oct 2019 | $56M | not disclosed | Atomico |
| Tech Companies | 16 Oct 2019 | $56M | not disclosed | Tencent Holdings and Tiger Global |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Dott raise in its Series B round?
Dott raised $60M in its Series B round, announced in Oct 2019.
Who led Dott's Series B round?
Mubadala Capital and Goodwater Capital led it, with AXA Germany, Evli Growth Partners, White Star Capital, Northzone and Speedinvest and 4 more.
What was Dott's valuation at the Series B round?
It was not disclosed.
Did Dott raise again after this round?
Yes: a Series C round in Nov 2020 of $250M at $1.00B post-money.