PROJECT

Projects

Summary of Investment Information

Project Number

46491

Company Name

TEMBICI

Date SPI Disclosed

May 24, 2022

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Jun 27, 2022

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jul 16, 2022

Department

Disruptive Technologies and Funds

Industry

Infrastructure

Previous Events

Approved : Jun 8, 2022
Signed : Jun 30, 2022
Invested : Jul 14, 2022

Sector

Transit and Ground Passenger Transporation

Project Description

 TB I Holdings Ltd. (Tembici, or the Company) is a Brazilian docked bike-sharing provider with operations in Brazil and across Latin America. Tembici operates through two main segments: (i) bike rental whereby users can either pay-as-they-ride (spot users) or subscribe to a monthly or annual plan. (ii) sponsorships for which corporate partners pay Tembici to advertise on the units. 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation