Venture Capital News
Tiger Global Leads USD235m Series D for Chilean Foodtech NotCo (Reuters) Tiger Global led a USD235m Series D for Chilean foodtech NotCo, with participation from DFJ Growth Fund, ZOMA Lab and athletes Lewis Hamilton and Roger Federer, at a reported USD2.5b valuation, making NotCo the first Latin American foodtech unicorn. Read more
T. Rowe Price Leads USD500m Series F for Rappi (TechCrunch) T. Rowe Price led a USD500m Series F for Colombian on-demand delivery startup Rappi at a reported USD5.25b valuation, with participation from SoftBank, GIC, Baillie Gifford, Third Point and Octahedron. Read more
Tiger Global and Insight Partners Lead USD50m Series C for Visual Collaboration Platform MURAL (LABS News) Tiger Global and Insight Partners led a USD50m Series C for for Mural, a US-based visual collaboration software enterprise platform with operations in Argentina, at a reported USD2b valuation. Read more
Presight Capital and Kingsway Capital Lead USD30m Series A for E-Commerce Aggregator VALOREO (TechCrunch) Presight Capital and Kingsway Capital led a USD30m Series A for VALOREO, a Mexico-based e-commerce holding company specialized in acquiring, operating and scaling Latin America-focused businesses under the Fulfillment by Amazon (FBA) business model, with follow-on from KASZEK, Upper90 and FJ Labs. Read more
SoftBank Leads USD35m Series B for Brazil-based Telematics Platform Cobli (em português) (Cobli) SoftBank led a USD35m Series B for Cobli, a Brazil-based telematics and fleet management platform, with participation from Qualcomm Ventures and follow-on from NXTP, Valor Capital Group, Fifth Wall Ventures and Valor Capital Group. Read more
General Atlantic Leads Undisclosed Series B for Mexican Personal Finance Platform Klar (Press Release) General Atlantic led an undisclosed Series B for Klar, a Mexican personal finance management and lending platform with follow-on from Prosus Ventures, Quona Capital, Mouro Capital, IFC and WTI. Read more
Brazilian Proptech EmCasa Raises ~USD22m Round (em português) (MoneyTimes) EmCasa, a Brazilian proptech for buying and selling residential real estate, raised a ~USD22m round from Globo Ventures, Igah Ventures, Flybridge Capital, monashees, MAYA Capital, Pear VC, NBV and ONEVC. Read more
Torq Ventures Leads ~USD11m Round for Brazilian Open Finance Platform Celcoin (em português) (Startupi) Torq Ventures, a ~USD10m CVC fund launched by Brazilian software developer Sinqia, led a ~USD11m round for Celcoin, a Brazilian open finance infrastructure developer for fintechs targeting the underbanked, with follow-on from Vox Capital and BTG Pactual’s innovation hub boostLab. Read more
Libertus Capital Leads USD11m Series A for Argentine Crypto Platform Buenbit (CoinDesk) UK-based VC Libertus Capital led a USD11m Series A for Buenbit, an Argentine crypto platform, with participation from Galaxy Digital, FJ Labs and angels. Read more
Miami-Based Lending Platform for Latin American SMEs Marco Financial Raises USD7m Seed Round (TechCrunch) Marco Financial, a Miami-based lending platform for Latin American SMEs conducting international trade, raised a USD7m seed round from Kayyak Ventures, Village Global, Flexport Ventures, Tresalia Capital, 342 Capital, Struck Capital, Antler, Florida Funders, Fox Ventures, Arpegio and angels Phil Bentley (Mitie) and Naman Budhdeo (TripStack). Read more
SP Ventures Leads USD5m Series A for Argentine Frozen Food Platform Frizata (em português) (Brazil Journal) SP Ventures led a USD5m Series A for Frizata, an Argentine frozen fruit and vegetable D2C platform with plans to launch operations in Brazil, with participation from Norte Ventures and angels Marcos Galperin (Mercado Libre), Jaime Soler (Cencosud) and Gonzalo Ramirez (Louis Dreyfus). Read more
Flybridge Capital Invests USD4.5m in Celebrity Video Messaging Platform Famosos.com (em português) (Startupi) Flybridge Capital invested USD4.5m in Famosos.com, a Miami-based video messaging app for celebrity engagement with operations in Mexico and Brazil. Read more
Venezuelan SuperApp Yummy Raises USD4m Round (TechCrunch) Yummy, a Venezuelan ridesharing and food delivery app, raised a USD4m round from YC, Canary, the Hustle Fund, Necessary Ventures and Justin Mateen (Tinder). Yummy was founded by Postmates and Wayfair alum Vicente Zavarce. Read more
Accion Venture Lab and K50 Ventures Lead USD3.8m Round for Brazilian Lending Platform Dinie (em português) (Startupi) Accion Venture Lab and K50 Ventures led a USD3.8m round for Dinie, a Brazilian lending platform, with participation from Flourish Ventures, DOMO Invest, Tribe Capital and Capital Lab. Read more
Valor Capital Group Leads USD3.6m Round for Corporate Benefits Platform Quansa (Press Release) Valor Capital Group led a USD3.6m round for Quansa, a Chile- and Brazil-based corporate benefits platform focused on employee financial wellbeing, with participation from Canary, Sequoia, Norte Ventures, Pear VC, Magma Partners and angels Ariel Lambrecht (99) and Mada Seghete (Branch Metrics). Read more
Imaginable Futures Leads ~USD3.1m Round for Brazilian Edtech Arvore (em português) (NeoFeed) Imaginable Futures led a ~USD3.1m round for Árvore, a Brazilian digital library service for public and private schools, with participation from MSW Capital and Potencia Ventures. Read more
Astella Investimentos Invests ~USD1.4m in Brazilian Sales and Marketing Platform Croct (em português) (Brazil Journal) Astella Investimentos invested ~USD1.4m in Croct, a Brazilian sales and marketing platform for tailoring company websites to individual consumers, with follow-on from Felipe Almeida (Zup). Croct’s clients include Sem Parar, Descomplica and Warren. Read more
WE Ventures Invested ~USD1.1m in Brazilian Marketing Intelligence Platform Mobees (em português) (InfoMoney) We Ventures invested ~USD1.1m in Mobees, a Brazilian marketing intelligence platform installing ads in ride-sharing and last-mile delivery vehicles. Read more
DOMO Invests ~1USDm in Brazilian Car Resale Marketplace Usadosbr (em português) (NeoFeed) DOMO invested ~USD1m in Usadosbr, a Brazilian car resale marketplace. Read more
Mexican Employee Benefits Platform Plerk Raises USD1m Pre-Seed Round (LatamList) Plerk, a Mexican employee benefits platform, raised a USD1m pre-seed round from YC, 500, Peak Capita, Horseplay.ventures and MGV Capital Group. Read more
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