Lime is planning to feature Uber as an anchor investor in its upcoming initial public offering, a move designed to signal credibility to public market investors who might otherwise be skeptical of a scooter company carrying a billion dollars in current liabilities.
The electric scooter and bike-sharing company, formally known as Neutron Holdings Inc., filed its S-1 with the SEC on May 8, 2026. The IPO is targeting roughly $200 million in proceeds at a valuation of approximately $1.8 billion.
Why Uber matters here
This isn’t a casual name-drop. Uber already owns more than 10% of Lime, a stake that traces back to a $170 million funding round in 2020. The two companies are deeply intertwined operationally as well: Uber’s app-based rental integration accounts for about 14.3% of Lime’s total revenue.
Naming Uber as an anchor investor in the IPO prospectus, which is expected to be filed by June 22, 2026, serves a dual purpose. It tells prospective shareholders that Lime’s largest business partner is willing to put even more capital behind the company. And it signals that Uber, a publicly traded company with its own fiduciary obligations, has done its homework and still likes what it sees.
