Lime IPO Uber anchor investor micromobility valuation
Uber $UBER is set to be named anchor investor in Lime's IPO, deepening a tie where Uber already holds over 10% of the scooter firm. Lime filed in May at a $1.8B target valuation: 2025 revenue rose 29% to $886.7M, but with a $59.3M loss and $1B in current liabilities. Per The Info
Uber is moving to anchor the public debut of Lime, the shared scooter and bike company, in a step that tightens an already close relationship between the two. According to reporting by The Information, Lime plans to name Uber $UBER as an anchor investor in its initial public offering, meaning Uber will commit a meaningful sum to the deal. The signal matters because Lime is asking public investors to look past a heavy debt load: the company carries roughly $1 billion in current liabilities, with about $675.8 million of that due by the end of 2026. Uber is not a newcomer to Lime. It already owns more than 10% of the company, a stake dating back to a $170 million funding round in 2020, and the two are linked operationally as well. Lime rentals booked through the Uber app account for roughly 14.3% of Lime's total revenue, so the health of one business feeds directly into the other. Lime, formally Neutron Holdings, filed its paperwork in May and is targeting a valuation of about $1.8 billion. Its 2025 revenue rose 29% to $886.7 million from $686.6 million a year earlier, though it still posted a net loss of $59.3 million. A brand-name anchor investor can steady demand for the shares at the moment Lime most needs credibility. These figures come from The Information's reporting and Lime's filing.