Itaro.com Receives Investment Round Led by Astella Investimentos (em português)

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(E-commerce) The e-commerce tire and automotive parts and accessories company Itaro, announced the receipt of a new Series A contribution headed by Brazilian Astella Investimentos Investment Fund, along with the participation of foreign funds, such as Simile Russian, Ukrainian TA Ventures, Mexico’s VARIV and Argentinian IG Angels. With the initial investment of R$10m, Itaro expects to reach over R$30m in investments for 2014. Read more

Advent International to Invest in Cataratas do Iguaçu S.A.

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(Press Release) Advent International, one of the largest and most experienced global investors dedicated solely to private equity, today announced that it has agreed to make a significant equity investment in Cataratas do Iguaçu S.A. Advent will work closely with the company’s current shareholders, all of whom will retain ownership in the business, to improve Cataratas’s services and operations and expand into additional parks and tourism-related businesses in Brazil. The investment, which is subject to certain closing conditions, is expected to be completed in the second half of 2014. Terms were not disclosed. Read more

Logovia Receives Investment Led by Initial Capital (em português)

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(Startupi) Brazilian marketing material design company, Logovia, announced it received an investment from Initial Capital, Rising Ventures, Beberibe Ventures along with a new angel investor in the business, Helmut Harz, CEO of ClickOn Argentina. Read more

Brasilera Clickbus Receives US$10m to Run the World via Bus (em português)

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(Startupi) Clickbus received a second round of investment Internet Group, Tengelmann Ventures and Holtzbrink Ventures after receiving an initial investment of US$2.5m from Rocket Internet. In addition, the company announced plans to expand to Turkey and Pakistan in addition to its current operations in Brazil, Germany, Mexico, Poland and Thailand. Read more

Management Startup Nibo Receives Investment from Two Funds

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(Exame) Nibo, the financial software management company for small and medium businesses, announced today a new investment from funds Redpont e.Ventures and Valor Capital Group. In addition, the startup launched a new tool to facilitate communication between entrepreneurs and accountants. Read more

Singapore’s GIC takes 18.5% Stake in Brazil’s Abril Educacao

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(PEHub) Singapore sovereign wealth fund GIC said on Friday it has acquired an 18.5% stake in Brazilian education services company Abril Educacao. Read more

HelloFood Receives R$137m Investment (em português)

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(E-Commerce News) HelloFood, an online food delivery platform, received an investment of R$137m from investor groups Falcon Edge Capital and Rocket Internet. In total, HelloFood has received more than $R200m in investments since its inception in 2012. Read more

Movile Receives Investment of R$125m (em português)

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(E-Commerce) Movile, a mobile solutions provider, received financing of R$125m to invest in mobile commerce and messaging services in Brazil. The majority of the investment of R$80m came from Innova Capital Fund, with another R$45 from Finep, an agency of the Ministry of Science, Technology and Innovation. Read more

MercadoLivre Invest in Intoo, 00k and AirCRM (em português)

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(Startupi) One year after the announcement of MercadoLibre Commerce Fund, Mercado Livre invested in three Brazilian startups, 00k, Intoo and AirCRM. ALl of them have common characteristics including: they were were accelerated by Wayra and worked as the APIs (application Programming Interface) of MercadoLivre. Read more

MercardoLivre Announces Three Startups that Received Investments from the MercadoLibre Commerce Fund

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(E-commerce News) MercardoLivre, in partnership with Wayra, the accelerator arm of Telefonica, announced the chosen business for the MercadoLibre Comerce Fund. The fund will invest US$10m to Intoo, 00K and AirCRM to develop technological projects that utilize APIs (Application Programming Interface) from MercadoLivre. Read more