E-scooter startup Lime raises $523m, eyes going public next year

E-scooter startup Lime raises $523m, eyes going public next year

Dara Khosrowshahi rings the opening bell during Uber's initial public offering in New York on May 10. Photographer: Michael Nagle/Bloomberg

Urban mobility company Lime said on Friday it had raised $523 million from investors to scale up production of its latest e-scooters and e-bikes and its top executive said the startup is aiming for a stock market listing in 2022.