Rakuten Backs Spanish And Latin American Taxi App Cabify

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(TechCrunch) Cabify, a taxi app which operates in Latin America and Spain, has raised US$12m from Rakuten FinTech Fund, Seaya Ventures and others. Read more

Ecus Private Equity Sells Chilean Laundry Business to Elis

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(Press Release) Ecus Private Equity, an independent private equity funds manager focused on Chile’s small and middle market, sold its stake in Albia to Elis for US$14m, realizing a total MOI of 5.0x and an IRR of 24.3% over the 8-year holding period. Read more

SunEdison Won’t Complete US$700m Buyout of Latin America Power

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(WSJ) SundEdison won’t complete its acquisition of Chile-based renewables firm Latin America Power, which is owned by BTG Pactual and Pátria Investimentos’ P2Brasil. Read more

Sky Solar & Hudson Clean Energy Partners Announce Strategic Partnership to Fund Up To US$100 Million Into Solar Projects

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(Press Release) Sky Solar Holdings, Ltd., a global developer, owner and operator of solar parks, and Hudson Clean Energy Partners, a leading private equity firm specializing in renewable energy, announced a new strategic partnership to fund solar projects in Latin America and Japan with a total capital commitment from Hudson of up to US$100 million. The two parties have also agreed to collaborate on an expansion into the U.S. solar market. Read more

Chile’s Sembrador Capital Targets US$50m (en español)

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(Dinero) Chile’s Sembrador Capital is targeting US$50m in commitments for Victus, a Colombia-focused agribusiness PE fund. Read more

Chile’s DesRueda.com Raises US$130k to Expand Services to Latin America (en español)

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(Pulso Social) Chilean startup DesRueda.com, an online platform that allows users to hire car mechanics, has raised CLP$90m (~US$130K) from new Chilean VC fund Dadneos Ventures and Start-Up Chile. The startup plans to expand operations in LatAm. Read more

Start-Up Chile Launches Pre-Accelerator For Female Founders

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(TechCrunch) Start-Up Chile, the government-backed accelerator program that’s funded over a thousand international startups in the past four years, is launching The S Factory, a pre-accelerator for female founders. Read more

SparkLabs Global invests in Dating LATAM

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(PEHub) SparkLabs Global Ventures said Tuesday it invested in Dating LATAM, an online dating startup founded in Lima, Peru. Financial terms weren’t announced. Read more

Linzor Capital Raises US$621m Latin America Focused Fund

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(Press Release) Linzor Capital Partners (“Linzor”) is pleased to announce the final closing of its third fund, Linzor Capital Partners III, L.P. (“LCP III” or the “Fund”), held on May 14th with $621 million in aggregate capital commitments. Read more

ECOSolar and KIF Announce the Acquisition of Vicuña Solar

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(Press Release) ECOSolar and the Danish Climate Investment Fund (KIF) announced the acquisition of Vicuña Solar, which is composed of two separate solar photovoltaic companies called “SOL” and “LUNA” of 3,378 kWp each for a total of 6,756 kWp capacity. Read more