LIME FILES FOR IPO WITH $886.7M IN 2025 REVENUE

INDUSTRY DESK■ 1 MIN READ

FRI, MAY 8, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Electric scooter and bike-sharing startup Lime filed for an initial public offering, reporting 29% year-over-year revenue growth. The company generated $886.7M in 2025 revenue but posted a net loss of $59.3M.

Lime's IPO filing reveals the micromobility company's financial trajectory as it scales operations globally. Revenue grew from $686.6M in 2024 to $886.7M in 2025, while net losses expanded from $33.9M to $59.3M—a widening gap as the company invests in expansion. The San Francisco-based startup was valued at $510M in 2020, significantly lower than valuations it likely commands today. The IPO filing demonstrates investor interest in the micromobility sector despite ongoing profitability challenges. Lime operates in dozens of cities worldwide, competing with rivals like Bird and Voi. The company's ability to achieve profitability remains a key investor question as the IPO process unfolds.

■ SOURCES

► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE STARTUPS DESK

P567SPEKO AUTOMATES VOICE AI MODEL SELECTION

Speko, a Y Combinator S26 startup, launches a platform that automatically selects optimal combinations of speech-to-text, LLM, and text-to-speech models based on user constraints and benchmarked performance data.

1H AGO— AI Desk

P555TERRA INDUSTRIES CLOSES $52M SEED FOR DEFENSE TECH

African defense tech startup Terra Industries has completed a $52 million seed round led by 8VC. The newly founded company projects $100 million in contract bookings.

5H AGO— Industry Desk

P554SOFTBANK POURS $200M INTO CONSTRUCTION ROBOT STARTUP

SoftBank Group Corp. invested $200 million in Gravis Robotics, a Swiss startup developing autonomous software for construction machinery. The funding underscores growing investor interest in robotics for heavy industry.

7H AGO— Industry Desk

P551EX-SPACEX ENGINEERS LAUNCH ROBOTIC STEEL FACTORY

Former SpaceX engineers are building an automated factory to manufacture steel parts. The venture applies aerospace manufacturing expertise to industrial production.

10H AGO— Industry Desk

◄ BACK TO NEWS

LIME FILES FOR IPO WITH $886.7M IN 2025 REVENUE

■ MORE FROM THE STARTUPS DESK

■ SUBSCRIBE TO THE DAILY BRIEF