Amount Raised
$523 Million
Round Type
Funding Round
CanadaTransportationDescription
Shared electric micromobility giant Lime has closed a $523 million raise in convertible debt and term loan financing, money that Lime CEO Wayne Ting says is the next step on the company’s path to going public next year. Lime will use the capital to invest in its decarbonization efforts, refresh a significant portion of its fleet with its Gen4 e-bikes and e-scooters, scale into more cities and develop new technologies that will help win additional city RFPs.
Quick answer
Lime Technology Canada raised $523 Million in a Funding Round round, dated November 5, 2021. Lime Technology Canada is based in Canada.
- How much did Lime Technology Canada raise?
- Lime Technology Canada raised $523 Million in a Funding Round round on November 5, 2021.
- What does Lime Technology Canada do?
- Lime Technology Canada is the Canadian arm of the international shared micromobility business Lime.
- Where is Lime Technology Canada based and how big is it?
- Lime Technology Canada is based in Canada. Fundz records about 501 employees.
- Who are the decision-makers at Lime Technology Canada?
- Fundz holds 1 contact at Lime Technology Canada, including the Chief Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as Lime Technology Canada that raised within 45 days of this round, from Fundz verified event records.
- Faction raised an undisclosed amount (Funding Round) on December 20, 2021.
- Gopuff raised $1.5B (Funding Round) on December 16, 2021.
- Ola raised $500M (Debt Financing) on December 16, 2021.
- EROAD raised $6.4M on December 15, 2021.
- Stoke Space raised $65M (Series A) on December 15, 2021.
- Transflo raised an undisclosed amount on December 14, 2021.
Who to call at Lime Technology Canada, and when
A new round usually means Lime Technology Canada is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lime Technology Canada raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lime Technology Canada, from your own LinkedIn network
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Fundz sees it the moment Lime Technology Canada raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Lime Technology Canada raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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