IDC Ventures and Fuel Venture Capital led a USD70m Series C for Brazil-based fintech RecargaPay, with participation from ATW Partners, Lun Partners, and Experian Ventures. Read more… Read More
IFC has invested USD10m in AgVentures II. The fund, which is managed by SP Ventures, targets investments in agtech companies in Latin America. This marks a third fund close for AgVentures II at BRL160m (approximately USD29.7m). Read more… Read More
KKR has agreed to acquire a majority stake in the existing fiber optic network of Telefonica Chile in order to establish an open access wholesale fiber optics company. As part of the agreement, Telefonica will hold a 40% stake in the new company. The transaction is valued at… Read More
MGM Innova Capital has invested USD4m in Wirewatt, a Mexico-based clean energy financing platform providing loans to homeowners and SMEs to finance solar, battery, and other energy-efficiency improvement projects. Read more… Read More
Arlon Group and FitPart have invested BRL100m (approximately USD18.5m) in Sotran, a Brazil-based logistics solutions company serving the agribusiness sector. Read more… Read More
Invus Opportunities and SoftBank led a USD84.5m round for Brazil-based edtech Descomplica, with participation from Valor Capital Group, Península Participações, Chan Zuckerberg Initiative, and Amadeus Capital Partners. The Edge, guitar player of Irish rock band U2, also joined the round. Read more… Read More
Base10 led a USD7.8m seed round for Mundi, a fintech platform aiming to facilitate US-Mexico trade by helping Mexican exporters get access to trade financing, with participation from FJ Labs. Read more… Read More
Upper90, FJ Labs, Angel Ventures, Presight Capital, and angel investors have invested a USD50m seed round for VALOREO, a Mexico-based company specialized in acquiring, operating, and scaling e-commerce businesses. Read more… Read More
Astella Investimentos has agreed to invest BRL8m (approximately USD1.5m) in bornlogic, a Brazil-based omnitech solutions startup. Read more… Read More
H.I.G. Capital has partially exited its stake in Brazil-based outdoor advertising company Eletromidia via the company’s BRL871.6m (approximately USD162m) IPO on the B3. According to regulatory filings, H.I.G. Capital’s Vesuvius FIP Fund sold shares worth BRL91.97m (approximately USD17m), reducing its stake from 80.48% to 53.33%. Read more… Read More
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