July 30, 2021

Lime raises $310 million Series D round led by Bain Capital and others

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By Megan Rose Dickey From TechCrunch Lime just announced it has raised a $310 million Series D round. Led by Bain Capital, Andreessen Horowitz, Fidelity Ventures, GV and IVP, the round values Lime  at $2.4 billion. “This new investment demonstrates the fundamental strength of our business and the increasingly rapid adoption of Lime,” Lime CEO Toby Sun wrote […]

GV partner Lo Toney wants to raise $50 million to fund diverse investors

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By Megan Rose Dickey From TechCrunch GV partner Lo Toney is looking to raise up to $50 million for his new fund, Plexo Capital, Axios first reported. Since 2017, Toney has been incubating Plexo Capital inside GV, formerly known as Google Ventures. The idea with Plexo Capital, which is backed by Alphabet, is to invest as […]