(Press Release) General Atlantic has completed an investment in SAS Sistema de Ensino. SAS is a leading learning systems provider in provides and provides a teaching methodology for approximately 110,000 students and 325 schools throughout Brazil. Read more
(Press Release) Oja.la, the largest online learning platform for computer skills in Latin America, has raised a round of US $500k led by Alta Ventures Mexico. Angel Ventures Mexico, Naranya Labs, NXTP Labs, and several angel investors have joined as strategic investors for the round. Previously, Socialatom Ventures, Wenceslao Casares and Meyer Malka seeded the company and have helped the team through the early validation of the product. Read more
(Confrapar) The developer of educational technology solutions Starline received R$6m in its second investment round. The company was one of the few selected to receive capital from Gera Venture Capital, a firm dedicated exclusively to education-related businesses, and Confrapar’s HorizonTI Fund, responsible for the company’s Series A valued at R$2 million. Read more
(Terra Economia) Previ, the pension fund for employees of Banco do Brasil (BB), wants to more than double its investments in private equity over the next three years, which would increase its committed capital of R$1.8b to almost R$4b. The fund has already invested approximately R$900m in 22 funds with investments in 100 companies from various industries. The foundation is interested in sectors such as infrastructure, education, healthcare and retail.
(Startupi) Online education platform Veduca announced a R$ 1.1 million investment from Bolt Ventures (formerly Mountain do Brasil), an investment fund based in Luxembourg, with offices in São Paulo and Zurich; Macmillan Education Digital, part of Macmillan Publishers, one of the largest and most traditional publishing groups in the world, and 500 Startups, a venture capital fund in Silicon Valley. Read more