Dealflow | June 9, 2020

Tembici raises $47 million to expand e-bike sharing in Latin America

The team at


ImpactAlpha, June 9 – Brazil’s Tembici is riding the trend toward green, sustainable mobility in fast-growing emerging-market cities. The micro-mobility company raised its $47 million Series B round from Valor Capital, Redpoint eventures, Joá Investimentos and the International Finance Corp. to expand its shared electric bike services to new cities.

“Sustainable means of transportation will play an important role in the next-normal across the globe,” said Valor’s Scott Sobel.