Uber leads $170M Lime financial investment, offloads Leap to Lime

Uber leads $170M Lime financial investment, offloads Leap to Lime

Lime has announced that it has actually raised a $170 million financing round. Uber is the leading financier with existing financiers Alphabet, Bain Capital Ventures, GV and others likewise taking part. The Details first reported on the brand-new funding round before the official announcement. As part of the deal, Lime is likewise getting Uber’s micromobility subsidiary Dive. […] There will be more integrations between Uber and Dive in the future, but both apps will remain active for now., Lime’s appraisal is down 79 %to$510 million with this round., Lime co-founder Toby Sun stepped down from the CEO function. …