SoftBank Latin America Fund and Tencent led a USD350m Series D for Argentina-based fintech Ualá at a USD2.45b reported valuation, with participation from monashees, Ribbit Capital, Greyhound Capital, Endeavor Catalyst, D1 Capital Partners, Soros Fund Management, Goldman Sachs Asset Management and others. Read more… Read More
Vinci Partners, through “Vinci Impacto e Retorno IV”, or “VIR IV” (“the Fund”), acquired a 40.9% stake in Transpotech, a Brazilian company operating in the B2B services sector. Read more… Read More
Brazilian distressed asset platform Jive Investments led a ~USD20m round for inGaia, a Brazilian real estate financing marketplace and CRM platform for brokers. Read more… Read More
Alexia Ventures and Igah Ventures led a USD10.3m Series A for LogComex, a Brazilian international trade management platform, with participation from Endeavor Scale Up Ventures, and follow-on from Invest Tech and Caravela Capital. Caravela and Invest Tech led a ~USD600k round in 2020. Read more … Read More
General Atlantic led a USD70m Series B for Crehana, a Mexico- and Peru-based upskilling platform for corporates and retail consumers. This is the second largest known round in a Latin American edtech startup after Brazilian Descomplica raised USD84.5m in a round led by Invus Opportunities and SoftBank in February. Read More
IFC and existing investor Alta Growth Capital invested USD9.8m in Mexico-based higher education company Lottus Education. Read more… Read More
IG4 Capital, through IG4 Private Equity Fund II and managed accounts, acquired a 33.87% stake in Aenza, a Peru-based infrastructure platform, for USD58m. IG4 Capital, now the company’s largest shareholder, will also deploy an additional USD22m to invest in convertible debentures alongside a syndicate of creditors to secure working capital… Read More
SoftBank led a ~USD116m Series C for Omie, a Bazilian ERP for SMEs, with participation from Dynamo, VELT, Hix Capital, Bogari Capital and Brasil Capita, and follow-on from Riverwood Capital and Endeavor Catalyst. Read more… Read More
General Altantic and SoftBank led a ~USD125m round for unico, a Brazilian digital identity protection platform, with participation from Big Bets and Micky Malka (Ribbit Capital), at a reported USD1b+ valuation. Unico raised a ~USD116m round from SoftBank and General Atlantic in 2020. Read more… Read More
SoftBank led a ~USD30m Series B for Avenue Securities, a US-based investment brokerage bridging US opportunities with Brazilian retail investors, with participation from Igah Ventures. Igah Ventures made an undisclosed investment in 2020. Read more… Read More
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