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10 July 2018

Big Deal: Corporates take a slice of Lime

The electric scooter and bike rental service has raised $335m in a GV-led round that included Uber, indicating the frenetic growth of the sector this year.

Author: Robert Lavine, News Editor

US-based electric scooter rental service Lime confirmed yesterday that it has raised $335m in a round led by GV, a corporate venturing vehicle for internet and technology conglomerate Alphabet, illustrating that the mobility sector is continuing to branch out.