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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

Abrdn backs e-scooter startup Dott in £50 million funding deal

Dott Abrdn

Dott’s e-bikes in action

(Picture: Dott)

FTSE 100 asset manager Abrdn has invested in an e-scooter and e-bike startup, Dott.

Abrdn, which managed over £500 billion of client money, took part in a $70 million (£52 million) “Series B” funding round for the Dutch startup, which was founded in 2018. Other investors in the round included Sofina, EQT Ventures and Prosus Ventures.

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