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Tembici Participacoes SA, based in Brazil, runs a bike-sharing service in Sao Paulo, Rio de Janeiro, Buenos Aires, and Santiago.
Founded in 2010 in Sao Paulo, Brazil, Tembici Participacoes SA operates a bike-sharing service with electric and traditional bicycles accessed through a mobile app. Its markets include Sao Paulo, Rio de Janeiro, Belo Horizonte, Buenos Aires, and Santiago. The company raised USD 23.00 mn on December 4, 2023, co-led by IDB Invest and U.S. International Development Finance Corporation, and Tomas Martins is CEO. Its co-founders are Bruno Morano and Mauricio Villar.
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