Rocket Internet Sells Food Businesses in Spain, Italy, Brazil and Mexico

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(Press Release) Rocket Internet SE announced the divestiture of non-core takeaway food operations owned by the Company and foodpanda Group to JustEat for €125m. Rocket Internet has sold its takeaway food businesses in Spain, Italy, Brazil and Mexico. Read more

Colombian FinTech Startup Alkanza Closes Round of US$3m (en español)

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(Dinero) After two rounds of 15 venture capital investments, Alkanza has raised over US$3m innovating the financial services industry in Colombia with plans, Brazil and Mexico with plans to expand across Latin America. Read more

General Atlantic Increases Stake in Brazil’s XP Investimentos (em português)

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(Valor Econômico) General Atlantic increased its stake in XP Investimentos from 30% to 34% in 2H 2015 for undisclosed amount. Read more

Patria Negotiates Deal to Buy Melhor Preço (em português)

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(Valor Econômico) Brazil based private equity investor, Pátria Investimentos, is in advanced negotiations to acquire pharmacy network Melhor Preço. Read more

WebRadar Scores R$40m in Funding from Qualcomm, DGF Investimentos

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(PEHub) WebRadar, a Brazilian big data analytics company, secured approximately R$40m (US$10m) in funding from Qualcomm Ventures and DGF Investimentos. Qualcomm Ventures, Qualcomm Incorporated’s investment arm, and DGF will be minority stakeholders. Read more

H.I.G. Capital Bets on Small Businesses (em português)

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(Valor Econômico) Following an investment in Brazilian low-cost fitness center Self It, H.I.G. Capital will The firm is raising its second fund and will be opening offices in Colombia and Mexico. Read more

Colombian Startup Receives Investment Capital from Tim Draper (en español)

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(PulsoSocial) After winning hte 2015 MassChallenge-the biggest accelerator in the world organized by Harvard University, MIT and other prestigious US universities, World Tech Makers secured capital from one of hte most recognized investors in Silicon Valley, Tim Draper. Read more

Cubico Sustainable Investments Buys Brazilian Wind Farms for US$2b

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(PEHub) Cubico Sustainable Investments (Cubico), with the backing of OTPP and PSP, has announced the opening of an office in São Paulo and the acquisition of two wind farm complexes from Casa dos Ventos. Read more

Reamp Announces Acquisition of Wayra’s Ocapi (em português)

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Brazilian Digital Marketing company acquires Wayra accelerated Ocapi. Together, the companies expect to make R$19m in 2016 with a portfolio of 50 clients and to process R$950m in transactions. Read more

Joy Street Receives Investment of R$25m for Expansion (em português)

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(BIT Blog) Joy Street, a Pernambuco, Brazil based edTech and video game company, received an investment of R$2.5m from Criatec II and plans to expand outside of the state. Read more