South Ventures Invests in Colombia’s Formafina (en español)

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(South Ventures) South Ventures participated in Formafina’s new investment round totaling US$1.5m to execute the company’s expansion in Colombia. Read more

Mexican Fund ALL Venture Partners Invests in Argentinian Start-up, Nubity (en español)

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(Venture MX) ALL Venture Partners announced the investment in technology company, Nubity. The Argentinian start-up offers monitoring and server management services through a software and easy to use platform with 24/7 availability. Some of the company’s notable clients include Cinemark in Argentina, Sony in the United States and Club Ateltico Boca Juniors. Read more

Argentine Cygnus VC Fund Has Commenced Trading on Startup Stock Exchange

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(PulsoSocial) Cygnus VC and Startup Stock Exchange (SSX) announced that CygnusFund I (aurantium) has been approved and is now available for public trading under the SSX electronic market under the symbol CYGN. Read more

South Ventures Fund in AlaMaula Invests

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(South Ventures) The Founder of AlaMaula invested in South Venture’s SV Global Fund II, which has received investments from over 200 investors. Read more

Avenida! Receives US$17.5m to Strengthen its Platform in Argentina (en español)

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(PulsoSocial) Despite being headquartered in an Argentina mired by a cyclical series of crises and technical default, small early stage e-commerce site, Avenida!, achieved an unexpected milestone when it received US$17.5m from Tiger Global Management and Naspers. Read more

TIL Acquires 50% of Argentina’s International Trade Logistics

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(Press Release) MSC Mediterranean Shipping Company today announced that TIL has acquired Global Infrastructure Partners’ 50% interest in International Trade Logistics (“ITL”). Read more

Globant Becomes First Latin American Software Company to Launch IPO on NYSE

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(WSJ) Argentina’s Globant S.A. became the first Latin American software company to launch a public offering on the New York Stock Exchange, with the company’s stock rising as much as 30% after the opening bell Friday before giving back some of the gains. Read more

Kaszek Ventures Raises US$135m for Second Series of Funds

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(Alt Assets) Uruguay-based venture capital firm Kaszek Ventureshas raised US$135m for its second fund. The fund has secured $135m via three vehicles, according to documents filed with the US Securities and Exchange Commission. Read more

Riverwood Capital Raises More than $350m for New Fund

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(Alt Assets) Private equity firm Riverwood Capital has raised more than $350m for its latest fund, AltAssets has learned. Read more at Alt Assets.

Wayin Acquires NXTP’s Comenta TV

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(PulsoSocial) Just last month, Juan Melano sat down with PulsoSocial to discuss just how well things were going for Comenta TV after being selected as a technology partner by Twitter. Also at the heart of his dialogue was how the company’s pivot made the difference in its success. Read more