Canada Pension Plan Investment Board (CPP Investments) has agreed to invest BRL1.178b (~USD214.5m) for a 45% stake in Brazil-based water and sewage service holding company Igua Saneamento, partnering with existing investors including IG4 Capital and AIMCo. Read more… Read More
Patria Acquisition, a SPAC formed by Patria Investimentos targeting Latin American companies, has filed to raise up to USD250m in an IPO on the Nasdaq. Read more… Read More
DILA Capital Acquisition, a SPAC formed by DILA Capital targeting tech-enabled sectors in Latin America, has filed to raise up to USD50m in an IPO on the Nasdaq under the symbol DILAU. Read more… Read More
Homebrew led a USD3.3m round for Higo, a Mexico-based B2B payments company focused on SMEs, with participation from Susa Ventures, Haystack and J Ventures. Read more… Read More
Adobe Capital, through its Adobe Mezzanine Fund II, has invested an undisclosed amount in Rephone, a Chile-based company that recovers, refurbishes and resells previously used smartphones. Read more… Read More
Portag3 and existing investor Gradient Ventures led a USD14m Series A extension for Mexico-based challenger bank Fondeadora, with participation from angel investors. Gradient Ventures led the USD14m first tranche of the company’s Series A in August 2020. Read more… Read More
Boa Vista has acquired 100% of Konduto, a Brazilian anti-fraud startup backed by Crescera Capital, for BRL172m (approximately USD30.6m). Read more… Read More
XP Asset Management has invested BRL50m (approximately USD8.7m) in a convertible debt round for Brazil-based fintech Acqio. Read more… Read More
Volpe Capital has reached a USD80m first close with commitments from SoftBank, BTG Pactual and Banco Inter affiliates. The VC fund, which specializes in high-growth technology investments in Latin America, has a USD150m target. Volpe Capital also announced an undisclosed investment in Brazilian edtech UOL Edtech as the… Read More
Redpoint eventures, Riverwood Capital, Astella Investimentos, DGF Investimentos, TPG Growth and Endeavor Catalyst have exited RD Station (formerly Resultados Digitais), a Brazil-based marketing automation platform for small businesses in Latin America, through a sale to TOTVS, a Brazilian enterprise software solutions platform, at a reported BRL2b (approximately USD348.7m)… Read More
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