Bolt raised €150 million from D1 Capital Partners and Darsana Capital Partners.

Bolt, a Talinn, Estonia-based digital provider of transportation services, announced that it secured funding totalling €150 million ($183M).

The money was raised from investors led by D1 Capital Partners, with the participation of Darsana Capital Partners. Proceeds will be used to further enhance the safety and quality of its products as it continues to grow its ride-hailing, micromobility and food delivery services in Europe and Africa.

Bolt, founded in 2013 by Markus Villig, Martin Villig (CEO) and Oliver Leisalu, started as a provider of on-demand transportation services in a few capitals from Europe. Now the company covers 200 cities in 40 countries and reached 50 million users globally.