Lyft raising additional $500 million on top of recent $1 billion round

Lyft raising additional $500 million on top of recent $1 billion round

Lyft is seeking to raise an additional $500 million, over and above the $1 billion it raised in a round led by Alphabet venture arm CaptialG last month. The $500 million is an extension of that round, the company told Axios, and is not yet closed. But it should add to Lyft’s overall valuation once …