Third Lane Mobility, Parent Company of Bird and Spin, Announces $20M Capital Raise to Support Deployment of 35,000 Additional Vehicles and City-Focused Leadership ExpansionLos Angeles, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Third Lane Mobility, the parent company of Bird and Spin, today announced an initial $20 million capital raise from existing investors. This represents the first tranche of expected capital raises this year, via both existing investors and through third parties.
Spin Powers Up Micromobility in Fort MyersFort Myers, FL, Aug. 17, 2025 (GLOBE NEWSWIRE) -- Spin is now live in Fort Myers, offering residents and visitors a cleaner, faster, and more affordable way to get around—no car needed. Downtown trips are fun and convenient for anyone aged 18 or older, with safe riding rules in place, including no sidewalk riding.
Third Lane Mobility Achieves Milestone: $204 Million in Gross Bookings, Attains First-Ever Adjusted EBITDA Profitability, and is arranging up to $45 Million in Financing to Propel 2025 ExpansionOperating the Bird and Spin Micromobility Brands, the Company Expands Global Footprint with 15 New Market Launches in the First Half of 2025, Eight Secured Through Competitive RFP Process | Gross Bookings $204, Increase of 17% Adjusted EBITDA $19.2M, Improvement of 193%
