Among technologists, the sudden surge in pedestrianisation is vindication that bets on so-called micro-mobility companies – scooter and bicycle hire start-ups – could be about to pay off.
Micro in scope
Martin Mignot, partner at Index Ventures who have invested in companies such as scooter company Bird, says: “People have been rushing to buy scooters and e-bikes. That is only going to grow in the next three months. Most people in London don’t own a car. The only option is get on a bike or get on micro-mobility.”
Mignot says many of the trends were prevalent before lockdown, but with