Greater than 20,000 electrical scooters belonging to Superpedestrian will likely be auctioned off later this month, together with different gear from the startup’s U.S. operations, after closing its doorways December 31.
Two “global online auction” listings have appeared on the web site of Silicon Valley Disposition, a web-based marketplace for “surplus assets,” which can function scooters and different paraphernalia from cities Superpedestrian operated in, like Seattle, Los Angeles, and New York Metropolis. The primary public sale opens January 23, and can run for 3 days. A successive public sale is about to run from January 29-January 31.
Superpedestrian initially received into the shared scooter enterprise — which it referred to as Hyperlink — in 2020 when it acquired “substantially all” of the property of Boston-based Zagster, a part of a wave of consolidation during the COVID-19 pandemic. Although it raised $125 million lower than two years in the past, the corporate struggled financially in 2023 because it operated its shared scooter fleets in dozens of cities across the globe. Contemporary funding and a possible merger have been on the horizon as just lately as November, TechCrunch reported last month, however no matter talks had materialized fell aside. Its demise got here simply days earlier than Chook, a former chief within the area, filed for Chapter 11 bankruptcy.
The startup subsequently informed workers on December 15 that it was shutting down U.S. operations on the finish of the yr and exploring a sale of its European property. (The standing of the European enterprise stays unclear. Superpedestrian’s CEO Assaf Biderman didn’t reply to a request for remark.) The employees who caught it out throughout these ultimate two weeks have been tasked, partly, with retrieving the corporate’s many scooters from cities across the nation earlier than locking the services for the final time on December 31, in line with one former worker.
