Consolidation in the micromobility space has arrived — in Brazil, at least. A few months after Y Combinator-backed Grin merged its electric scooter business with Brazil-based Ride, it’s now merging with Yellow, the bike-share startup based in Brazil that has also expressed its ambitions to get into electric scooters. If Yellow sounds familiar to you, […]
View More Electric scooter startup Grin merges with Brazil-based YellowCategory: grin
Layer1 wants to thrive in the age of the crypto crash
A year ago, crypto was reaching ever new highs, and I was talking about whether ICOs would supplant the VC funding round and warning about Kim Jong Un’s crypto trading operations. And then the world turned upside down. Crypto prices are near rock-bottom prices, with Bitcoin hanging around $4,000 and Ethereum around $113, down from […]
View More Layer1 wants to thrive in the age of the crypto crashElectric scooter startup Grin merges with Brazil-based Ride
Grin, the Mexico City-based electric scooter company backed by Y Combinator, is merging with São Paulo-based Ride to further the company’s expansion across Latin America. This comes shortly after Grin raised a ~$45 million Series A round. Currently, Grin only operates in Mexico City, but it has plans to expand to other cities throughout Latin […]
View More Electric scooter startup Grin merges with Brazil-based Ride