BNDES Will Create Two New Funds to Invest in Startups

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(Valor Economico) The Brazilian Development Bank (BNDES) will launch this year two new Criatec funds, for seed-capital investment, targeting innovative emerging companies. The new funds will have at least R$340 million in assets and will direct their investments to biotechnology, health and agribusiness startups. IT companies are not included because BNDES considers that they already get the attention of angel investors.

Pegasus Capital Advisors Teams with Peruvian Pure Biofuels’ Management to Buy Company

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(peHUB) May 8, 2012 – Pure Biofuels del Perú, SAC (the “Company” or “Pure Biofuels”) management is pleased to announce the acquisition and recapitalization of Pure Biofuels in partnership with an investment fund affiliated with Pegasus Capital Advisors L.P. (“Pegasus”). Read more

Invest Rio Commits R$10M to VC Fund, Burrill Brasil 1 (em português)

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(Valor Economico) October 11, 2011 – Invest Rio, the development agency of Rio state, committed R$10M (approximately US$5.8M) for shares in Burrill Brasil 1, the venture capital fund formed by U.S. asset manager Burrill & Company Read more

Promotora Venture Capital Fund Makes Debut Exit

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(Promotora) September 8, 2011 – Promotora is pleased to announce that one of its portfolio companies, Ecoflora, a leader in bio-products from plant extract, spun off its agricultural business unit, forming the company Ecoflora Agro Read more

Entrepreneur Profile: An Interview with Pamela Chávez- Crooker, Aguamarina

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Entrepreneur Profile: An Interview with Pamela Chávez- Crooker, Aguamarina

Pamela Chávez-Crooker, Founder of Aguamarina, recently spoke with LAVCA about how she took her biotech company from garage start-up to a go-to company for some of the world’s largest copper mines. Read more

Felipe Gonzalez Creates Investment Fund

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(iEco) February 4, 2011 – Former Spanish Prime Minister Felipe Gonzalez, has created an investment fund called Tagua Capital with a select group of Iberian executives, Read more

Burrill To Create Chile Life Sciences Venture Capital Fund

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(Dow Jones) May 26, 2010 – San Francisco-based venture capital firm Burrill & Company is partnering up with Chile’s Austral Capital Partners to put together an initial $40 million to $50 million life sciences venture capital fund in Chile. Read more

Brazil: Burrill sets up venture capital office in Rio de Janeiro

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The US private equity Burrill is raising a US$100 milion fund to invest in Brazilian biotechnology companies operating in health, energy and food processing. Read more

IDB’s MIF invests in biotechnology fund in Brazil

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mif-lavcawebInvestment of U$S 5 million will bring a total of U$S 100 million to the country.

December 3, 2009 – The Multilateral Investment Fund (MIF), a Venture Capital fund managed by the Inter-American Development Bank (IDB), will invest U$S 5 million into Burrill Brazil Fund, a PE fund managed by Burrill that will buy stakes of biotech companies in the country.

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Amyris Raises US$41.8M for Industrial Scale Plants

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Image6_EthanolplantUS-based Amyris Biotechnologies has raised US$41.8mn to continue its plans to reach industrial scale production in the US and Brazil, including a plant in Campinas, in São Paulo state, to produce renewable chemicals and diesels, the company said in a statement.

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