SoftBank led a US$150m investment in Loggi, a Brazilian shipping logistics platform, with participation from GGV Capital, Fifth Wall, Velt Partners and Microsoft, at a reported valuation over US$1b. In…
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GGV Capital
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GGV Capital Leads US$63m Series A in Brazilian Mobility Startup Yellow
September 13, 2018GGV 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.