https://techcrunch.com/2020/06/03/tembici-raises-47m-series-b-to-expand-its-fleet-of-electric-bikes/

Tembici, which says it owns 80% of the market share in Latin America’s micromobility space, now has $47 million more in capital to double down on its docked ebike offering. 

The Series B round was led by Valor Capital and Redpoint eventures. The International Finance Corporation (IFC), part of the World Bank Group, and Joá Investimentos also participated in the round. The new funding marks IFC’s entry into the micromobility market, a notable move that will allow Tembici to work more closely with city regulators as it expands its ebike offering.