Lime begins life as a public company after years of uncertainty
Micromobility company Lime has raised $167 million in its IPO, ending an almost decade-long run as a private company that saw wild valuation swings as it navigated multiple major hype…
Lime raises $167M in IPO after years of teasing a public debut
Micromobility company Lime has raised $167 million in its IPO. The nine-year-old scooter and bike company, which is backed by Uber, sold 6.68 million shares at $25 each, at the…
Lime, the Uber-backed micromobility company, files for IPO
After years of hints and preparation, the Uber-backed electric bike and scooter rental startup Lime has filed for an initial public offering. The company, which is incorporated as Neutron Holdings…
Rivian spins out a new micromobility startup called Also with $105M from Eclipse
Before RJ Scaringe founded Rivian in 2009, he had micromobility on his mind. More than a decade later, his musings took root in a small skunkworks program inside Rivian that…
Shared scooter startup Voi reports its first profitable year as it explores an IPO
Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch. Voi, which offers shared e-scooters and e-bikes…
Tier becomes Dott following the merger of the two micromobility companies
Tier and Dott, two leading European scooter- and bike-sharing services, are becoming one service called Dott. The two startups have already laid out plans to merge and form a single…
Why Lyft’s CEO says ‘it would be insane’ not to go all in on bikeshare
In the summer of 2023, Lyft was contemplating the sale of its micromobility business after receiving strong interest from prospective buyers. Today, the ride-hail company is doubling down on its…