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Jun 22, 2026

The initial public offering for Lime, an electric scooter and bike rental company that was once a stalwart of the late 2010s startup scene, is getting financial support from an old friend: Uber.

The ride-hailing giant is expected to invest a “meaningful” amount in the deal and be named as an anchor investor on the cover of an updated IPO prospectus that Lime plans to file Monday, a person familiar with the matter said. Lime is expected to start talks with IPO investors on a road show this week to raise about $200 million at a roughly $1.8 billion valuation, the person said.

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Lime Plans to Name Uber as an Anchor Investor in IPO

By Cory Weinberg

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