 Venture Capital News
GIC, Whale Rock, and Invesco Lead US$400m Series G in Nubank (TechCrunch) GIC, Whale Rock, and Invesco led a US$400m Series G in Nubank at a US$25b valuation, with participation from Tencent, Dragoneer Investment Group, Ribbit Capital, and Sequoia Capital. Read more
Igah Ventures Reaches US$130m Final Close for Third Fund (Press Release) Igah Ventures reached a US$130m final close for its third fund. The new fund aims to invest in a total of 17 early stage companies in Brazil, according to Igah Founding Partner Pedro Meltzer. Igah's LPs include SoftBank Group, Rodrigo Xavier (Bank of America), and Gilberto Sayao (Vinci Partners). Read more
General Atlantic Leads US$65m Series A in Mexican Grocery Delivery Platform Jüsto (Press Release) General Atlantic led a US$65m Series A in Jüsto, a Mexican grocery delivery platform, with follow-on from Mountain Nazca and Foundation Capital. Jüsto was founded by former Cabify President Ricardo Weder. Read more
GP Investimentos and Parallax Ventures Lead R$200m Round in Mercado Bitcoin (Press Release) GP Investimentos’ Inova Fund and Parallax Ventures led a R$200m round in Brazilian bitcoin exchange Mercado Bitcoin, with participation from Evora Fund, HS Investimentos, Banco Plural, and Gear Ventures. Read more
DILA Capital Reaches US$35m Final Close for DILA IV (en español) (Press Release) DILA Capital reached a US$35m final close for DILA IV. IDB Lab acted as the anchor investor. The new fund aims to invest in a total of 20 companies in the next 24 months, according to Co-Founders Alejandro Diez Barroso and Eduardo Clavé. Read more
IDB Invest Provides US$30m in Debt Financing to Brazilian Fintech Creditas (IDB Invest) IDB Invest provided US$30m in debt financing to Brazilian fintech Creditas. Read more
Five Elms Capital Invests US$25m in Colombian Customer Service Monitoring Platform Playvox (TechCrunch) US-based VC Five Elms Capital invested US$25m in Playvox, a Colombian customer service performance monitoring platform focused on chat and email. Read more
Valor Capital Leads US$19m Series A in Brazilian Open-Source Collaboration Platform Rocket.Chat (TechCrunch) Valor Capital led a US$19m Series A in Rocket.Chat, a Brazil-based open-source platform for team collaboration and customer service, with participation from Greycroft, monashees, NEA, e.ventures, Graphene Ventures, ONEVC, and DGF Investimentos. Read more
Brazilian Solar Energy Payments Platform Edmond Raises R$40m (em português) (Startupi) Edmond, a Brazilian enterprise payments platform for solar energy companies, raised R$40m from undisclosed investors. Read more
Accel Leads US$12m Series A in Mexican Consumer Trading Platform Flink (TechCrunch) Accel led a US$12m Series A in Flink, a Mexican consumer trading platform with participation from ALLVP, Clocktower, and angel investors Kevin Efrusy and Oskar Hjertonsson, and follow-on from Raptor Financial Group. Read more
Women’s World Banking Capital Partners Leads US$6.6m Convertible Debt Round in Aflore (en español) (Forbes) Women’s World Banking Capital Partners led a US$6.6m convertible debt round in Aflore, a Colombian lending platform focused on microentrepreneurs and the underbanked, with participation from Amador Holdings, Unreasonable Capital, and follow-on from Polymath Ventures. Read more
Quona Capital and Kinea Ventures Lead US$6m Series A in Brazilian Financial Marketplace Monkey (TechCrunch) Quona Capital and Kinea Ventures led a US$6m Series A in Monkey, a Brazilian financial marketplace enabling large companies to purchase receivables from SMEs. Read more
QED Investors Leads US$6m Round in Lending Platform Milo (Press Release) QED Investors led a US$6m round in Milo, a Colombia- and US-based fintech platform focused on mortgage lending for international buyers of US real estate, with participation from MetaProp and 10X Capital. Read more
Igah Ventures Leads R$38m Series A in Brazilian Payroll Lending Platform Bxblue (em português) (Exame) Igah Ventures led a R$38m Series A in Bxblue, a Brazilian payroll lending platform, with participation from Iporanga Ventures, FJ Labs, and FundersClub. Read more
Astella Investimentos Invests R$4m in Brazilian Govtech Aprova Digital (em português) (Press Release) Astella Investimentos invested R$4m in Aprova Digital, a Brazilian govtech helping local authorities digitize their licensing processes. Read more
Redpoint eventures Leads R$3m Seed Round in Brazilian Manufacturing Platform Peerdustry (em português) (Startupi) Redpoint eventures led a R$3m seed round in Peerdustry, a Brazilian on-demand manufacturing platform for heavy machinery, with participation from São Paulo-based angel group Silver Angels. Read more
Draper Cygnus Invests US$640k in Argentine Biotech Panarum (Press Release) Draper Cygnus invested US$640k in Panarum, an Argentine biotech developing nano capsules to replace the use of needles with pill-based treatments. Read more
Alaya Capital Partners, Potencia Ventures, Mr. Pink, and Winnipeg Invest US$600k in Talently (en español) (PanamericanWorld) Alaya Capital Partners, Potencia Ventures, Mr. Pink, and Winnipeg made a US$600k in Talently, a Peruvian hrtech connecting freelance software developers with international companies. Read more
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The growing energy demand and the abundance of renewable energy resources coupled with an increasing awareness of the need for investing in sustainable solutions makes Latin America an attractive destination for green investments."
