South Ventures Invests In Brazil’s Trocafone.com

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(South Ventures) South Ventures invested part of SV Global Fund II into Brazil’s Trocafone, a e-commerce site for mobile telephones. Read more

Chile’s City Global Aims to Raise a US$10m Fund to Invest in LatAm Businesses

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(Pulso Social) Chilean CEO’s Raul Ciudad and Marco Rivas aim to raise a fund of US$10m by 2015 that will allow Latin American businesses to expand operations within the region and to the US. Read more

VivaReal Captures a Series C Greater than R$100m, Bringing New Investors to Brazil

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(Startupi) VivaReal has received a third round of funding, this time from venture capital firm Spark Capital (which has invested in start-ups like Twitter, Tumblr and Oculus VR) and from private equity firm LeadEdge Capital, both based in New York with operations in Brazil. The total invested was $US41.7m, equivalent to $R100m according Crunchbase. Read more

Argentine Cygnus VC Fund Has Commenced Trading on Startup Stock Exchange

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(PulsoSocial) Cygnus VC and Startup Stock Exchange (SSX) announced that CygnusFund I (aurantium) has been approved and is now available for public trading under the SSX electronic market under the symbol CYGN. Read more

Warehouse Investimentos Sells its Entire Stake in iFood to Movile (em português)

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(Startupi) Warehouse Investments, a venture capital fund created 3 years ago, made its first exit by selling its entire stake in iFood to Movile. According to Moises Herszenhorn, CEO of the VC firm, the proposal was made by Movile who was looking to invest more resources in the project. Read more

Global Investor Confidence in US Soars for Third Straight Year, According to 2014 Global Venture Capital Confidence Survey

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(Press Release) Research validates that venture capital fundraising and IPOs are on the rise, with favorable investment outlooks continuing in cloud computing and mobile technology. Read more

CRP Fund Buys 25% of Aquiris (em português)

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(Baguete) Aquiris, Porto Alegre’s digital game developer, announced the sale of 25% of its business to CRP Companhia de Participações, a venture capital firm from the South of Brazil, for an undisclosed amount. Read more

Magma Partners Launches in Chile with US$5m to Invest

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(Pulso Social) A new private investment fund is launching today to disrupt the startup ecosystem in Chile and throughout Latin America. The new entity, Magma Partners, promises a transparent approach that leaves the reigns in the hands of entrepreneurs. Read more

BNDES Looks to PE Funds, Direct Investment Amid Growth-Company Rush

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(LatinFinance) Brazil’s development bank will invest in up to 12 private equity companies and support Bovespa Mas trading, in a drive to facilitate capital markets access for the country’s smaller firms. Read more

Saeed Amidi’s Global Accelerator Network Plug And Play Expands To Brazil

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(TechCrunch) The warp and weft of Saeed Amidi’s family story – transitioning from Iranian immigrants fleeing revolution in the 1970s to running a multi-million-dollar global family office and a vast technology accelerator network – is one that could only have been woven in Silicon Valley. Read more