---
title: "Uber rival Bolt secures €220M in prep for IPO"
url: https://daily.dev/posts/uber-rival-bolt-secures-220m-in-prep-for-ipo-iyq3xsau8
source_url: https://thenextweb.com/news/uber-rival-bolt-secures-funding-ipo
type: article
source: "The Next Web"
published: 2024-05-03T14:39:15.240Z
updated: 2024-05-09T09:21:59.549Z
tags: ["startup", "business", "ipo"]
reading_time: 1
upvotes: 0
comments: 0
language: en
---

> ## Documentation Index
> Fetch the complete documentation index at: https://daily.dev/llms.txt
> Use this file to discover all available pages before exploring further.

# Uber rival Bolt secures €220M in prep for IPO

**[The Next Web](https://daily.dev/sources/tnw)** · 1 min read · 0 upvotes · 0 comments

## Summary

Estonian mobility startup Bolt secures €220M credit facility in preparation for IPO. Bolt offers ride-hailing, food delivery, car rental, e-scooter and ebike sharing services, and has signed up over 3 million drivers and 150 million customers across 45 countries. Bolt's fares are generally cheaper than rival Uber, but Uber still accounts for 25% of all ride-hailing and taxi rides worldwide.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/uber-rival-bolt-secures-funding-ipo>

## Similar posts on daily.dev

- [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 0 upvotes · 0 comments
- [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments
- [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments
- [CNCF Unveils Schedule for KubeCon \+ CloudNativeCon Europe 2026](https://daily.dev/posts/cncf-unveils-schedule-for-kubecon-cloudnativecon-europe-2026-ikhcoa5cb) · CNCF · 2 upvotes · 0 comments
- [CNCF Debuts KubeCon \+ CloudNativeCon Japan 2026 Schedule](https://daily.dev/posts/cncf-debuts-kubecon-cloudnativecon-japan-2026-schedule-xp5pyudub) · CNCF · 1 upvotes · 0 comments

---

Tags: [#startup](https://daily.dev/tags/startup), [#business](https://daily.dev/tags/business), [#ipo](https://daily.dev/tags/ipo)

[View this post on daily.dev](https://daily.dev/posts/uber-rival-bolt-secures-220m-in-prep-for-ipo-iyq3xsau8)