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ISSUE – Jun. 06 | Scooter startup Bird has authorized sale of $200M in shares in latest funding round

Bird,  the scooter startup whose scooters you might have seen fallen over on the sidewalk in a major metro area, has authorized a new $200 million round of funding that could value the startup at around $1 billion post-money, according to a certificate of incorporation filed in Delaware.

The latest Bird round has been pretty widely reported, suggesting that the company is raising $150 million at a $1 billion valuation. That, too, comes amid a big effort by competitor Lime to raise a big funding round. These documents indicate that the company has authorized the sale of those shares, though it may not fully fill out the round. The certificate of incorporation document was provided by Lagniappe Labs, creator of the Prime Unicorn Index. [ TechCrunch ]

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