o Deals ▸ Riverwood Capital led a USD32.5m Series B for Logcomex, a Brazilian international trade management platform, with participation from Endeavor Catalyst, and follow-on from Alexia Ventures, Igah Ventures, Spectra Investments and Caravela Capital. - Alexia Ventures and Igah Ventures led a USD10.3m Series A in August 2021; Caravela and Invest Tech led a ~USD600k round in 2020.
▸ KASZEK led a USD15m round for GoPass, a Colombian integrated payments platform for toll booths, gas stations and towing services. ▸ iugu, a Brazilian finance automation and payment platform for SMEs, raised ~USD14.5m through a FIDC (Fundo de Investimentos em Direitos Creditorios) led by Bradesco BBI. - Goldman Sachs Merchant Banking led a ~USD25m Series A in September 2020; Indicator Capital previously invested BRL5m in 2012 and 2014.
- iugu was granted the BACEN license in August by the Brazilian Central Bank, enabling the platform to operate as a payment institution.
▸ IoT | Kayyak Ventures led a USD10m Series B for Fracttal, a Chilean IoT asset management platform, with participation from Amador Holdings, and follow-on from GoHub Ventures. - Seaya Ventures led a ~USD6m round in June 2021; Scale Capital invested USD2m in 2018.
▸ HEALTHTECH | Extendeal, an Argentine price comparison platform for pharmaceuticals, raised USD7.5m from undisclosed investors. ▸ Galaxy Interactive and DragonFly led a ~USD6m Series A for Galactic Holdings, a Mexico-based digital wallet and crypto asset exchange, with participation from SHK. ▸ DEBT | Creze, a Mexican lending platform for SMEs, secured a USD5.7m credit line from BBVA Spark. - Creze was acquired by Polygon Fintech, a financial group targeting unbanked consumers, in 2019, providing an exit to backers DILA Capital and NAZCA.
▸ ALIVE Ventures led a USD4.6m round for Teclogi, a Colmbian marketplace connecting cargo with independent truck drivers. ▸ Kayyak Ventures led a USD3.6m round for Enerlink, a Chilean energy management startup, with participation from E62 Ventures, Inversiones GP and the Marinetti family. ▸ DEBT | Legria, a vacation rental co-ownership platform, raised a USD3.4m debt round from Ameris Capital. - Legria raised USD6m in September 2022.
▸ PE investor DSK Capital led a ~USD2.8m seed roundfor Food to Save, a Brazilian sustainable food waste management startup, with participation from Spectra Investments and HiPartners. ▸ NAZCA led a USD2m round for Loads, a Chilean logistics platform for food importers, with participation from Canary, Alaya Capital and undisclosed angels. ▸ AGTECH | Visa invested USD2m in Agrotoken, a Brazilian crypto platform for grain trading. ▸ LOGISTICS | ITA Frotas led a~USD1.5m roundfor Able-On, a Brazilian end-to-end fleet management solutions startup. ▸ Axify, a Mexican installment-based prepayment platform, raised USD1.3m from Alpha Impact 8 and Avalancha Ventures. ▸ Mandi Ventures invested ~USD1m in GrowinCo, a Brazilian B2B marketplace connecting CPG brands with underutilized factory facilities. - GrowinCo raised ~USD750k in July from angel syndicates.
▸ Vurdere, a Brazilian customer review platform for digital brands, raised a ~USD700k round from Core Angels Atlantic, Collider, 87Labs, EGI-Group and undisclosed angels. ▸ HRTECH | IDB Lab invested ~USD400k in Jobecam, a Brazilian video-based recruiting platform. - Jobecam raised ~USD800k in March from angel investors.
▸ WOMEN-LED | Emunah invested in a ~USD200k pre-seed round for Nua, a Brazilian sustainable menstrual health product startup. ▸ HEALTHTECH | CannaCare, a Brazilian platform for cannabis-based treatments, raised ~USD200k from friends and family. ▸ CVC | Krealo, the CVC arm of Credicorp, invested in uils, an Argentinian lending platform for gig workers. - uils was also selected to participate in Krealo’s accelerator program alongside nine other Latin American startups.
▸ CVC | Krealo, the CVC arm of Credicorp, invested in Plurall, a Colombian financing platform for microentrepreneurs. |
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