GEF Acquires Minority Stake in Brazil’s Pro Solus for ~USD15m
GEF acquired a minority stake in Pro Solus, a Brazil-based company that focuses on agricultural technology solutions, for ~BRL75m (~USD15m). Read more… Read More
GEF acquired a minority stake in Pro Solus, a Brazil-based company that focuses on agricultural technology solutions, for ~BRL75m (~USD15m). Read more… Read More
Lightrock led a USD125m Series E for Konfio, a Mexico-based lending platform for SMEs. Konfio secured a USD60m credit line from Goldman Sachs in November 2020. Read more… Read More
SoftBank Latin America and Viking Global Investors led a USD250m round for Clip, a Mexico-based digital payments platform, at a reported USD2b valuation. General Atlantic and SoftBank invested in 2019 at a reported USD400m valuation. Other investors include Ribbit Capital, Goldman Sachs, Dalus Capital, Banort and Amex Ventures. Read… Read More
QED Investors led a USD30m Series B for Solfacil, a Brazil-based solar energy financing platform, with follow-on from Valor Capital Group. Read more… Read More
ALLVP has exited Chile-based grocery delivery platform Cornershop via a sale to Uber at a reported ~USD3b+ valuation. Read more… Read More
Lofoten Capital led a ~USD36m Series D for LivUp, a Brazil-based DTC frozen meal delivery platform, with participation from Cadonau and angel investors Milton Seligman and Ricardo Rolim (Ambev), Christian Egan (Itau), Rob Citrone (Discovery Capital), Luiz Otavio Campos (Onyx Equity Management), and follow-on from KASZEK and ThornTree Capital. Read More
Btomorrow Ventures, Capital Lab and Invest Tech led a ~USD3.4m Series A for Uello, a Brazil-based express freight platform for corporate retailers and e-commerce brands. Read more… Read More
Creation Investments Capital Management led a USD20m investment in Chile-based global insurance group AVLA, with participation from DEG and Altra. Read more… Read More
DNA Capital led a ~USD60m round in Memed, a Brazilian provider of digital drug prescriptions, to expand its services from prescriptions to drug fulfillment. DNA Capital led the company’s USD4.5m Series B in April 2020. Read more… Read More
DST Global, QED investors, Valor Capital Group, Endeavor Catalyst and SoftBank Latin America Fund have invested a USD60m Series B for Betterfly (formerly Burn to Give), a Chile-based certified B-Corp insurtech providing life insurance for employees of SMEs and incentivizing policyholder’s wellbeing with subsidized coverage. Read more… Read More
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