Industry News
GGV Capital Leads US$63m Series A in Brazilian Mobility Startup Yellow
13 September 2018
GGV Capital led a US$63m Series A in Yellow, a Brazilian dockless bike service, with participation from monashees+, Grishin Robotics, Base10 Partners and Class 5. monashees+ and Grishin Robotics led a US$9m seed round in 2018. Yellow is founded by Eduardo Musa, former CEO of bike manufacturer Caloi, and 99 co-founders Ariel Lambrecht and Renato Freitas.
(Fortune Term Sheet) Yellow, a Brazil-based startup focused on micro-mobility services across Latin America, raised $63 million in Series A funding. GGV Capital led the round, and was joined by investors including monashees, Grishin Robotics, Base10 Partners and Class 5.
You may be interested in...
-
LAVCA in Brasil; Morgan Stanley Tactical Value Invests USD100m for Mexico’s Clip
-
GEF Vommits USD6m to Yield Lab’s Opportunity Fund
Global Environment Facility committed USD6m to The Yield Lab Latam’s opportunity...
-
Emerald Technology Ventures Leads USD7.5m Series A for Argentina’s Kilimo
Emerald Technology Ventures led a USD7.5m Series A for Kilimo, an Argentina-based...
-
LAVCA in São Paulo; AWS Cloud Credits Fund; Clip Raises USD100m