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.
Transportation
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Mexico is fast emerging as the new battleground for the global transport wars, from rideshare and delivery to e-scooters and mopeds: In the past year, Chinese heavyweights Didi Chuxing (rideshare),…
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Angel Ventures Completes Two Investments of 2nd Fund in Startups CitySense and Energryn
24 July 2018Angel Ventures invested US$1.3m in CitySense, a Chilean open platform to develop smart city solutions, and US$1.2m in Energryn, a Mexican startup using patented hybrid solar technology to democratize consumer access to affordable green energy, through its Pacific Alliance Fund II.
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monashees+, Sinai Ventures, Liquid2 Ventures, 500 Startups, Base10 Partners and others made an undisclosed seed investment in Grin, an e-scooter company that just joined Y Combinator.
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Confrapar and Travel Capitalist Lead R$3m Investment in Brazilian private aviation marketplace Flapper (em português)
14 June 2018Confrapar’s aerospace fund, Fundo PE1 Aerotec, and Travel Capitalist Ventures led a R$3m investment in Flapper, a Brazilian private aviation marketplace. Flapper previously raised funding from Brazilian accelerator ACE and angels.
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Angel Investors Make R$500k Investment in Brazilian Urban Moblility Startup Lady Driver (em português)
8 June 2018Unnamed investors made a R$500k investment in LadyDriver, a Brazilian rideshare startup for female passengers.
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Cedro Capital made an undisclosed investment in Getrak, a Brazilian startup providing enterprise IoT tracking software for the automotive sector.
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monashees+ and Grishin Robotics Lead US$9m Seed Round in Brazil Bike-Share Startup Yellow
4 April 2018monashees+ and Grishin Robotics led a US$9m seed investment in Yellow, a dockless bike service launching in São Paulo. Yellow is founded by 99 co-founders Ariel Lambrecht and Renato Freitas,…
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Brazilian early stage investor KICK Ventures made an undisclosed investment in Hitech Eletric, a maker of smart electric cars. (StartSe) Nesta semana, a KICK Ventures, um fundo de investimentos em startups,…
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The Brazilian lower house of Congress voted to approve lighter regulation on car-hailing apps such as Uber and Cabify. The approved amendments eliminated requirements such as needing to use taxi-style…