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.