SAN MATEO, CA, Lime has closed $310 million in a Series D financing, valuing Lime at $2.4 billion.
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According to a blog post, Lime has closed $310 million in a Series D financing, valuing Lime at $2.4 billion. A group of returning backers and new investors, Andreessen Horowitz, Bain Capital Ventures, Fidelity Investments, GV and IVP, led the round. Existing investors Alphabet, Coatue, DCM, Fifth Wall, GGV Capital, Singapore's GIC and others continued with their support and joined the round along with several new investors including GSV Capital, FJ Labs, Bling Capital, Europe's GR Capital and St. Augustine Partners.
Lime was focused on the idea that mobility can be smart, equitable, and fun. By connecting cities and improving the way people experience first and last mile transporation, we aim to leave future generations with a cleaner, healthier planet. From smart bikes to electronic scooters ans beyond, we're committed to building strong social bonds, lasting community relationships, and the worlds most versatile smart mobility fleet.