Japan-based technology conglomerate SoftBank Group has led a USD110 million investment in Brazil-based home furnishings online retailer MadeiraMadeira. Other investors in the funding round include early-stage venture capital firm Flybridge and technology-focused investment management firm Light Street Capital. The transaction reportedly values the company between USD300 and USD500 million. Flybridge… Read More
Global private investment firm Ardian and Chile-focused infrastructure investor CMB Prime have agreed to acquire a 33 percent stake in two Chilean toll road assets from global alternative asset manager Brookfield Asset Management. Ardian and CMB will acquire minority stakes in urban express highway Vespucio Norte Express and tunnel expressway… Read More
minu, a Mexico-based payments and payroll management company, has secured USD6.5 million in seed funding from a consortium of investors that includes QED Investors, Village Global, Next Billion Ventures, Mountain Nazca, and undisclosed angel investors. The company’s payments system provides workers with instant access to their earned wages, allowing them… Read More
Latin American venture capital firm Kaszek Ventures has reached final closes of USD375 million for the firm’s fourth early-stage fund Kaszek Ventures IV and USD225 million for Kaszek Ventures Opportunity I, which will target later-stage companies. Investors in both funds include university endowments, foundations, and local and global entrepreneurs. The… Read More
Nigeria-based freight logistics business Kobo360 has secured USD20 million in a Series A funding round led by global asset manager Goldman Sachs. Additional participants in the round include early-stage investors TLcom and Y Combinator, development finance institution IFC, Asia Africa Investment & Consulting, and local Nigerian banks. Kobo360, which helps… Read More
Brazil-focused alternative investment manager Starboard Restructuring Partners Group has acquired a 93 percent stake in Brazil-based oil company 3R Petroleum. The company—which focuses on the redevelopment of mature oil fields in Brazil, Venezuela, Peru, and Argentina—recently agreed to acquire the exploration and production rights to seven onshore and offshore oil… Read More
Argentina-based rental services platform Alquilando has secured a USD1.1 million Pre-Series A funding round from Latin America-focused early-stage investor NXTP Labs, Argentina-focused fintech investor ArFintech, and Argentina-based investment bank Rosental Inversiones. The company connects homeowners with tenants, offers renters insurance, and provides online rental payment services. Read More
Global alternative asset manager The Carlyle Group has agreed to acquire a 100 percent stake in Peru-based amusement park and arcade operator Coney Park from Peruvian media and entertainment conglomerate Grupo El Comercio. Coney Park, which operates 169 venues in Peru, Colombia, and Chile, will partner with Carlyle to improve… Read More
Brazilian technology-focused fund manager Confrapar and global alternative asset manager GEF Capital Partners have agreed to acquire a 49 percent stake in Unicoba Baterias, a Brazil-based electronic components manufacturer, for BRL100 million (approximately USD25 million) from J.P. Morgan subsidiary One Equity Partners and Unicoba’s controlling family. The company produces rechargeable… Read More
Mexico-focused impact investment fund manager Adobe Capital has reached a final close for Adobe Mezzanine Fund II with USD30.3 million in commitments. Investors in the fund includ a variety of domestic and international institutional investors. The fund will target returns-focused opportunities in Mexico that create a positive social and environmental… Read More
(default archive template)