Google invests in Lime electric scooters

Through its subsidiary Alphabet, the American giant has just invested $ 300 million in Lime, a startup specializing in self-service electric two-wheelers. 

Present in Paris for several days with a self-service electric scooter system, Lime startup is capitalizing on a major new ally with the arrival of Alphabet among its investors. The operation comes after a roundtable hosted by Google Ventures, the California-based giant's venture capital fund that is leveraging its growing investment in innovative vehicles and helping the small startup be valued at $ 1,1 billion.

Lime, a relatively young company, was founded in 2017 by Toby Sun and Brad Bao with the goal of revolutionizing urban transportation with self-service devices based on "free float" (no stations) and the use of electric two-wheelers, bicycles and scooters. ... Today Lime is represented in approximately sixty American cities. She recently settled in Paris, where she offers about 200 self-service electric scooters for 15 euro cents per minute. 

For Lime, the inclusion of a subsidiary of Google in its capital allows not only to attract resources, but also to obtain additional credit for the brand, and now the startup is faced with such heavyweights as Uber or Lyft. mobility ...