T. Rowe Price Associates and other undisclosed investors have invested USD300m in Colombia-based delivery app Rappi. Previous investors in Rappi include SoftBank, Andreesen Horowitz, DST Global, Sequoia Capital, and Y Combinator. Read more… Read More
Canary and unnamed angels invested BRL15m (USD2.7m) in Brazilian logistics startup Kestraa. Read more… Read More
IDB Invest has agreed to inject up to USD30m in Kandeo 3D, a private debt fund managed by Kandeo Investment Advisors that will provide financing to mid-sized companies in Mexico, Colombia, and Peru. Read more… Read More
Waha Capital has agreed to invest USD50m in Argentina-based online travel company Despegar.com via a private placement. L Catterton recently invested USD150m in the company. Read more… Read More
B Capital Group led a USD15m Series B for Mexico-based CRM platform Yalochat, with participation from existing investor Sierra Ventures. Read more… Read More
L Catterton has agreed to invest USD150m in Argentina-based online travel company Despegar.com via a private placement. The investment is expected to close in September 2020 and is subject to customary closing conditions. Read more… Read More
Proeza Ventures led an undisclosed investment round for Mexico-based smart mobility solutions provider Parkimóvil, with participation from Liil Ventures and follow-on from Capital Invent. Read more… Read More
Crescera Capital has agreed to invest up to BRL305m (approximately USD55.5m) in Brazil-based funeral services provider Grupo Zelo. Read more… Read More
Pátria Private Equity VI, a fund managed by Pátria Investimentos, has acquired a 20% stake in Ultra SA, a Brazil-based conglomerate operating in sectors ranging from fuel distribution and specialty chemicals production to pharmacies. Read more… Read More
DOMO Invest led a BRL7.5m (approximately USD1.4m) in Allya, a Brazil-based employee benefit management platform focused on connecting companies and its employees to businesses. Read more… Read More
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