Failed 2024

    Cityscoot (Insolvency)

    Paris electric-scooter-sharing pioneer Cityscoot raised €60M from RATP and Allianz then filed for liquidation in 2024 — France's defining shared-mobility failure.

    Founded → Closed

    2014 → 2024

    Funding Raised

    $70M

    Industry

    Mobility/Scooter Sharing

    Country

    France

    Full Analysis

    Paris-based Cityscoot operated shared electric scooters across Paris, Nice, Bordeaux and Milan. After raising over €60M from RATP Group, BNP Paribas Leasing and Allianz, the company struggled with high vehicle maintenance and depreciation costs. After multiple operational restructurings, Cityscoot filed for liquidation with the Paris commercial court in 2024 — joining a long list of failed European shared-mobility startups.

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