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Lime files for IPO, seeking $250M amid revenue growth and losses

Micromobility company Neutron Holdings, operating as Lime, has filed for an IPO with the SEC, aiming to raise up to $250 million. The company reported significant revenue growth, reaching $886.7 million in 2025, and has facilitated over one billion trips. Despite this growth, Lime has continued to incur net losses, with $59.3 million in losses in 2025 and further losses in early 2026, raising concerns about future profitability. AI

IMPACT This IPO filing by Lime, a major player in micromobility, could signal increased investor confidence in companies with substantial operational scale, potentially impacting how other mobility or logistics companies are valued and funded.

RANK_REASON The cluster reports on a major company's IPO filing, which is a significant financial event in the industry. [lever_c_demoted from significant: ic=2 ai=0.1]

Read on Engadget →

AI-generated summary · Google Gemini · from 2 sources. How we write summaries →

Lime files for IPO, seeking $250M amid revenue growth and losses

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The cluster reports on a major company's IPO filing, which is a significant financial event in the industry. [lever_c_demoted from significant: ic=2 ai=0.1]
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2 independent sources
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funding, product
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140 days old
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COVERAGE [2]

  1. 36氪 (36Kr) TIER_1 中文(ZH) ·

    Shared micro-mobility platform Neutron applies for US stock IPO, plans to raise $250 million

    运营Lime品牌的电动滑板车及电动自行车租赁平台Neutron Holdings于上周五向美国证券交易委员会(SEC)公开递交上市申请,预计首次公开发行(IPO)募资规模可达2.5亿美元。

  2. Engadget TIER_1 English(EN) · [email protected] (Jackson Chen) ·

    The electric scooter rental company Lime has filed for IPO

    The startup has expanded to more than 230 cities across the world, but has yet to become profitable.