The Series D for the e-scooter and bike company was led by Bain Capital, Andreessen Horowitz, Fidelity Ventures, GV and IVP. In late January, The Wall Street Journal reported that the company wanted to raise US$400 million on a US$2-billion valuation. (TechCrunch)

Talking point: Despite the problems facing the scooter industry—including lawsuits from accessibility advocates and difficulty in markets with winter climates—this fresh funding round shows that investor appetite isn’t slowing down. It brings Lime’s funding to nearly US$1.2 billion; when The Logic reported on Lime and Bird’s combined expansion to 14 countries, Lime had raised US$867 million. Bird didn’t fall far behind, with US$718 million raised