Tembici’s $80.13 Million Fundraising

Bronstein, Zilberberg, Chueiri e Potenza Advogados
advised Tembici on the transaction

Tembici executed its $80.13 million fundraising. Crescera Capital lead the round with Endeavor Catalyst, Igah Ventures, IFC, Pipo Capital, Redpoint eventures and Valor Capital Group.

Proceeds will be used to expand electric bicycle rental business with the target of add 10,000 more bicycles on the streets (50% of them electric) by 2022.

The new funding includes a green credit facility provided by Itaú and Santander.

Bronstein, Zilberberg, Chueiri e Potenza advised Tembici with a team including Sergio Bronstein (Picture), Pedro Chueiri, André Neves and Gabriel Junqueira.

Involved fees earner: Sergio Bronstein – Bronstein, Zilberberg, Chueiri & Potenza Advogados; Pedro Chueiri – Bronstein, Zilberberg, Chueiri & Potenza Advogados; Gabriel Junqueira – Bronstein, Zilberberg, Chueiri & Potenza Advogados; André Rainho das Neves – Bronstein, Zilberberg, Chueiri & Potenza Advogados;

Law Firms: Bronstein, Zilberberg, Chueiri & Potenza Advogados;

Clients: Tembici;

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Author: Ambrogio Visconti