The electric scooter and bike rental service has raised $335m in a GV-led round that included Uber, indicating the frenetic growth of the sector this year.

US-based electric scooter rental service Lime confirmed yesterday that it has raised $335m in a round led by GV, a corporate venturing vehicle for internet and technology conglomerate Alphabet, illustrating that the mobility sector is continuing to branch out.

GV was joined by its parent company as well as ride hailing platform Uber, financial services group Fidelity Management and Research, venture capital firms Institutional Venture Partners, Atomico, Andreessen Horowitz and Fifth Wall Ventures, investment firm Coatue Management and Singapore’s sovereign…