Lime Raises Over $500 Million and Announces Plans for an IPO
Lime, an electric scooter company, has raised $523 million in debt financing and confirmed plans to go public in 2022. The funding was led by Abu Dhabi Growth Fund, Fidelity, Uber, and Highbridge Capital, with additional support from UBS O’Connor. The move signals renewed investor confidence in the shared e-scooter market.
Tickers: $UBER
Topics: Debt Financing E-Scooters Fintech IPO Transportation