FinTech Collective led a USD14m Series A for Mexico-based pay-on-demand startup minu, with participation from VEF, XYZ Ventures, FJ Labs, DocuSign founder Tom Gonser and Gusto CFO Mike Dinsdale. QED Investors, Next Billion Ventures and Village Global followed on. The round includes USD2.5m in debt from Banco Sabadell… Read More
Patria Investments has reached a BRL800m (approximately USD140.5m) first close for its first Core Infrastructure Fund. The vehicle will seek to invest in high-quality, operational power generation and transmission assets in Brazil. Read more… Read More
Astella Investimentos has invested BRL7m (approximately USD1.2m) in Brazil-based fintech Sled. Astella previously invested BRL2.5m in the company in August 2019. Read more… Read More
The EMPEA | LAVCA Structuring for Exit report, created with support from Adobe Capital and IDB Lab is a deep dive analysis of innovative financing approaches used by investors in Latin America and other global markets to generate liquidity in challenging exit environments. This practical tool for investors and… Read More
Leo Capital, FJ Labs and existing investors Alpha4 Ventures and Meesho have invested a USD6m Series A for Colombia-based social commerce startup Elenas. The company previously raised a USD2m seed round in October 2020. Read more… Read More
SoftBank, through its SoftBank Latin America Fund, has made an undisclosed investment in UOL EdTech, a Brazil-based education technology company. Read more… Read More
Brazil-based VC DOMO Invest has reached a BRL105m (approximately USD18.5m) first close for Domo Ventures Fund 2, a vehicle focused on new D2C investment opportunities, with commitments from Caixa Seguridade, BB Seguridade and the pension funds of Syngenta, Novartis and Roche. Read more… Read More
Caisse de dépôt et placement du Québec (CDPQ) and Telefónica Group have entered into an agreement for the construction, development and operation of FiBrasil Infraestrutura e Fibra Ótica (FiBrasil), an independent optical fiber network in Brazil. As part of the agreement, CDPQ has agreed to invest up to… Read More
CapSur Capital led a BRL1.15b (approximately USD205m) funding round for Brazil-based delivery logistics startup Loggi, with participation from Verde Asset Management, at a reported ~USD2b valuation. According to Bloomberg, about 75% of current investors in the company participated in the round. Read more… Read More
Lightspeed Venture Partners led a USD32.5m Series B for Stori, a Mexico-based credit card startup, with follow-on from Vision Plus Capital, BAI Capital and Source Code Capital. Read more… Read More
(default archive template)