GV is reportedly leading a funding round for Lime, a bike-sharing platform also backed by NGP Capital and the Stanford-StartX fund.
US-based bike-sharing service Lime is in the process of raising $250m in funding from a consortium led by GV, the early-stage investment arm of diversified conglomerate Alphabet.
Coatue Management and Andreessen Horowitz are also expected to take part in the round.
Lime, founded in 2017 a LimeBike, operates a network of dockless bikes that users can rent through an app and activate by scanning a QR code. The company has also added electric-assist bikes and electric scooters to its network.
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