Brazil-based CargoX Receives Investment from Valor, Lumnia & Former Uber Co-founder (em português)

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(Baguete) Brazilian shipping startup CargoX has received an undisclosed amount of investment from Valor Capital, Lumia Capital and Agility Logistics to disrupt the cargo shipment market in Brazil, alongside Uber co-founder Oscar Salazar and Hans Hickler, former CEO of DHL Express USA (also an investor in Mandaê). CargoX plans to secure R$100m (US$25m) in financing by the end of 2017. 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

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

Colombian Taxi Operator Táximo Drives Away with US$4.6m

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(PEHub) Táximo, a portfolio company of Polymath Ventures, has raised $4.6 million in funding. The investors were unnamed. Based in Colombia, Táximo is an operator of taxis. Read more

99Taxis Receives New Investment (em português)

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(Startupi) 99 Táxis receives a new round of investments led by investment firm Tiger Global Management. Also participating in the round is Qualcomm Ventures and Monashees Capital, who already invested in the company previously. The objective of the investment is to seek national leadership, expand the team of developers to make application enhancements for individuals and companies, and launch marketing activities. Read more

Southern Cross Group to Acquire SIPSA Interest in Ultrapetrol

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(Press Release) The major shareholders of Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR) , an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business), entered into a share purchase agreement with respect to the sale of shares of Ultrapetrol and of certain affiliates of the major shareholders between such shareholders. Read more

Carrot Receives US$2m Investment from Venture Partners Mexico

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(Press Release) Venture Partners Mexico led successfully the Series B capital round in Carrot of MXN$26m (US$2m). Along with Venture Partners Mexico, Auria Capital and its founders, Mexico Ventures, a government-backed fund, made its first investment in the car-sharing company recognizing the opportunity it presents within the Mexican market. Read more

EasyTaxi Receives Contribution of R$30 million (em português)

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(Fusões & Aquisições) Easy Taxi, the phone app used to hail taxi cabs, announces a new round of investments totaling R$30 million from Latin America Internet Holding, the Berlin-based incubator partially owned by Milicomda and Rocket Internet’s holding company. Read more

ASUR and Advent delivered bid to Brazilian Agencia Nacional de Aviacao Civil

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(PeHub) February 7, 2012 – Grupo Aeroportuario del Sureste and backer Advent International have not been awarded permission to maintain, operate and expand any of the three Brazilian airports auctioned in a live public bidding held in Sao Paulo. Read more

Stratus invests US$32M in Brazilian company Maestro

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(Stratus Group) November 8, 2011 – Stratus Group, the leading Brazilian private equity firm focused on mid-market investments, announced that it has made a US$32 million investment to take a majority stake in Brazilian corporate fleet management company, Maestro. Read more