business
Lime raises $167M in IPO after years of teasing a public debut
Key takeaways
- Lime raises $167M in IPO after years of teasing a public debut Image Credits:Lime Sean O'Kane Wed, July 1, 2026 at 11:05 PM GMT+7 2 min read UBER 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 mid-point of its $24 to $26 price range.
- In 2021, following a $523 million funding round, CEO Wayne Ting told TechCrunch the company was eyeing an IPO in 2022.
Lime raises $167M in IPO after years of teasing a public debut Image Credits:Lime Sean O'Kane Wed, July 1, 2026 at 11:05 PM GMT+7 2 min read UBER 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 mid-point of its $24 to $26 price range. Those shares are expected to start trading on the Nasdaq stock exchange under the ticker "LIME" on Wednesday.
Lime has been considering an IPO for years. In 2021, following a $523 million funding round, CEO Wayne Ting told TechCrunch the company was eyeing an IPO in 2022. He re-heated the idea in 2023, saying that Lime was still waiting for the right market conditions.
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