Blue Like an Orange Sustainable Capital has reached a USD200m+ final close for its first Latin America fund. The fund has a co-financing agreement with IDB Invest and counts over 25 limited partners, including AXA, HSBC, CNP Assurances, BNP Paribas Cardif, SG Insurance, MACSF, and several family offices. Read More
XP Investmentos has acquired a controlling stake in Brazil-based eye hospital Centro Brasileiro da Visão for BRL200m (approximately USD37.5m) through XP Private Equity I Fundo de Investimento em Participações Multiestratégia. This marks the first investment for the recently launched fund. Read more… Read More
IG4 Capital has acquired two Brazilian hospitals through its recently formed OPY Health unit for BRL200m (approximately USD37m). IG4 plans on expanding the number of beds in both hospitals. Read more… Read More
VC firm DOMO Invest led a BRL12m (approximately USD2.25m) investment for Brazil-based fintech Meu Tudo, a marketplace for lending applications offering services and products via payroll loans and banks. Read more… Read More
VCs KaszeK Ventures and Founders Fund have invested USD10m in Belvo, a Spain-based fintech operating in Mexico and Colombia. Read more… Read More
Redpoint eventures and HDI Seguros have agreed to invest USD6.5m in Brazil-based financial management SaaS platform Accountfy. Read more… Read More
Fintech and financial inclusion-focused fund manager Quona Capital led a USD15m investment in Colombia-based fintech ADDI, with participation from existing investors Andreessen Horowitz and monashees, and new investors Foundation Capital and S7 Ventures. Read more… Read More
GPCA’s Inaugural Report On Venture-Backed Startups Across EM Today, Asia is an epicenter of global startup momentum and the year 2019 marked records for venture investment in a number of emerging private capital markets, including Africa, Latin America, Southeast Asia, India, and CEE & CIS. Venture Capital in emerging markets… Read More
International Finance Corporation has agreed to invest USD26m in L Catterton Latin America Fund III. The vehicle will target small to mid-sized companies in the consumer sector in Latin America, with an eye to women-led businesses. Of the USD26m invested by IFC, USD1m was provided by the Women… Read More
Portugal-based VC Indico Capital Partners has invested BRL16.5m (approximately USD2.8m) in Brazil-based online therapy and wellness platform Zenklub. Read more… Read More
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