Scooter startup Lime to raise $250m in GV-led round at $1b valuation

Lime, the bike and scooter sharing company, is raising about $250 million in a funding round led by Google Ventures, according to a person familiar with the deal, who asked not to be identified because the information isn’t public. The deal values Lime at about $1 billion, the person said. Bird, its main rival, is also raising money at a valuation of $1 billion, a strikingly rapid rise for the two leading scooter sharing companies. Neither company is even two years old.