Category Archives: lime

E-scooter startup Bird is raising another $300M

Electric scooter startup Bird is said to be nearing a deal to extend its Series C funding with an additional $300 million led by cross-over investor Fidelity, according to an Axios report. Bird declined to comment. Fidelity has not previously invested in Bird and is reportedly doing so at a flat pre-money valuation of $2 billion, which Bird earned with a $300 million Sequoia-led financing in June. Santa Monica-based Bird has raised more than $400 million in venture capital funding to date from investors, including Accel, CRV, […]

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Madrid authorities order Lime, Wind, and Voi to halt e-scooter sharing in the Spanish city

More evidence has emerged that the e-scooter sharing market faces a bumpy ride, as news circulates that authorities in Madrid have revoked licenses for all three operators in the city. Lime, Wind and Voi, are being given a maximum of 72 hours to remove scooters from the city’s streets, whilst I understand it follows a recent change in mobility laws in Madrid that stipulate where and at what speed e-scooters can be driven. Specifically, e-scooters can only operate in designated bike lanes and on only roads that […]

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Lime tries to back-peddle on VP’s line on why it hired Definers

Scooter startup Lime has sought to back peddle on an explanation given by its VP of global expansion late last week when asked why it had hired the controversial PR firm, Definers Public Affairs. The opposition research firm, which has ties to the Republican Party, has been at the center of a reputation storm for Facebook, after a New York Times report last month suggested the controversial PR firm sought to leverage anti-semitic smear tactics — by sending journalists a document linking anti-Facebook groups to billionaire George Soros […]

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Lime launches electric-assist bikes in its first UK city

Lime launched in the United Kingdom today, starting with a group of dockless electric-assist bikes in a Milton Keynes shopping center. The San Francisco-based startup says it plans to expand into more UK cities over the next few weeks. As in other markets, users in Milton Keynes find and unlock Lime’s bikes, which use battery-powered motors to reduce pedaling and travel further distances, through a mobile app. Bike rides cost £1 (about $1.28) to unlock and an additional 15 pence per minute of riding time and will […]

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Lime is debuting its line of shareable vehicles in Seattle this week

Lime, the well-funded startup known for its fleet of brightly colored dockless bicycles and electric scooters, has a new way for its customers to get around: cars. Beginning this week, Lime users in Seattle will be able to reserve a “LimePod,” a Lime-branded 2018 Fiat 500, within the Lime mobile app. There will be 50 cars available to start as part of the company’s initial rollout. Lime plans to increase that number at the end of the month. “LimePods, Lime’s car-sharing product line, a convenient, affordable, weather-resistant mobility […]

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A tale of two scooter cities

The kids in Madrid’s El Retiro Park are loving their new on-demand joyriding toys. Lime launched its scooters in the Spanish capital this summer. Spending a weekend in the city center last month the craze was impossible to miss. Scooters parked in clusters vying for pay-to-play time. Sometimes lined up tidily. All too often not. The bright Lime rides really stood out, though it’s not the only brand in town. Scooter startups have been quick to hop on the international expansion bandwagon as they gun for growth. Grandly […]

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Lime hires its first chief business officer amid push into car-sharing

After four months “on the beach,” per his LinkedIn profile, Uber’s former global head of business and corporate development has a new gig. Lime has hired David Richter (pictured) as its first-ever chief business officer and interim chief financial officer. Based in San Francisco, Richter will be overseeing the bike- and e-scooter-sharing startup’s business operations. Richter spent more than four years at Uber leading the ride-hailing giant’s global business development, corporate development, experiential marketing, autonomous vehicle alliances and brand relevance teams. He left in May after expressing frustrations with […]

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Lime will open brick-and-mortar scooter ‘lifestyle stores’

How can Lime differentiate its scooters and bikes from the piles of Birds and Spins filling Los Angeles sidewalks? Apparently with a physical storefront where it can convince customers of the wonders of on-demand mobility. According to a job listing from Lime seeking a “Retail Store Manager,” the startup plans to open a “lifestyle brand store in Santa Monica”. [Update: Following the publication of this article, Lime responded to our inquiry, telling TechCrunch “In the coming year, Lime will be opening brick & mortar storefronts in major […]

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Lime wants to block Scoot and Skip from deploying electric scooters in SF next week

Lime is doing the most right now. In light of the San Francisco Municipal Transportation Agency denying Lime a permit to operate electric scooters in the city, Lime is gearing up to request a temporary restraining order. “Lime believes that after selecting two other less experienced electric scooter companies and comparatively weaker applications in a process that was riddled with bias, the SFMTA should revisit the decision and employ a fair selection process,” the company wrote in a press release. Those two “less experienced” electric scooter companies Lime’s referring […]

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Lime hits 11.5 million bike and scooter rides

Bike and scooter company Lime recently hit 11.5 million rides, a couple of months after it surpassed six million rides. This milestone comes just 14 months after Lime deployed its first bikes. Today, Lime is in more than 100 markets throughout the U.S. and Europe. Last December, Lime brought its bikes to a number of European cities and in June, Lime brought its scooters to Paris. By the end of this year, Lime plans to launch in an additional 50 cities. The rise of shared personal electric vehicles has […]

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