Didi Chuxing plans to acquire a majority stake in Brazilian rideshare startup 99 for ~US$600m. This officially puts 99 in unicorn territory. Didi and Riverwood Capital invested over US$100m in…

BCM CKD Management, an affiliate of the Black Creek Group, has listed a MXN$3.99b CKD vehicle on the Mexican Stock Exchange (BMV) to make direct and indirect private equity investments…

Japan’s Softbank and Riverwood Capital bought a minority stake in 99 (formerly 99 Taxis), a Brazilian rideshare company, for US$100m. Investors in 99 include Didi Chuxing, Riverwood Capital, monashees+, Qualcomm…

Didi and Riverwood Capital completed an investment in Brazilian car sharing company, 99 (formerly 99 Taxis). (Valor Econômico) O fundo americano de private equity Riverwood Capital se juntou à lista de…

(Valor Econômico) Chinese transportation giant Didi Chuxing led an investment in Brazilian rideshare company 99 (formerly 99 Taxis) of over US$100m. The investment round also included participation from monashees+, Qualcomm…

(Baguete) Brazil’s two largest taxi apps, 99 Taxis and Easy, both of which have received investments from Rocket Internet, Monashees Capital, Qualcomm Ventures and Tiger Global, are negotiating merger to withstand Uber’s…

(NYTimes) 99Taxis is raising US$100m, despite economic and political crises in Brazil.

(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…

(IFM Investors) OHL Mexico, one of the leading groups in the infrastructure sector in Mexico, and IFM Investors, a uniquely-structured global fund manager, have signed today a transaction for the…

(Startupi) Incube, the investment fund and developer of mobile applications and technologies, acquired 99Motos, a startup for courier services, for R$3m. The company has since been relaunched as MovMov.it.

(Business Wire) 99designs, the largest online graphic design marketplace in the world, today announced it has acquired LogoChef, one of Brazil’s leading design marketplaces. 99designs has also launched a Portuguese…

ALLVP made an undisclosed investment in SocialDiabetes, a Barcelona-based health-tech platform for diabetes patient care.

Bamboo Capital Partners has announced its exit from the Peruvian-based microfinance bank Mibanco through a divestiture to Credicorp Ltd. for a total value of PEN$131.1m.  (Finextra) Bamboo Capital Partners (“Bamboo”),…

Vostok Emerging Finance led a US$55m Series C investment in Creditas, with participation from new investors Amadeus Capital Partners and Santander InnoVentures, and existing investors KaszeK Ventures, QED Investors, Quona Capital, the IFC and Naspers Fintech. In 2017 Creditas raised US$50m (led by Vostok) and a R$60m Series B (led by IFC).

Brazil’s antitrust authority CADE has approved Brookfield’s sale of a majority stake in São-Paulo-based Raposo Shopping to Jorge’s Imóveis e Administração, Grupo Rezek, Eacas Participações, and businessman Michel Michaluá Filho.…

PARA DIVULGAÇÃO IMEDIATA Contacto: Caitlin Mitchell, LAVCA cmitchell@lavca.org +1.646.315.6737 Empresas de Tecnologia Suportam Nova Coalizão Criada pela LAVCA para Apoiar o Crescimento Recorde de Startups na América Latina Google, Facebook,…

Brazilian-based alternative investment manager Patria Investments has acquired the Chilean gym chian O2 for US$35m.   (LexLatin) El fondo de inversión brasileño Patria Investments (asociada con Blackstone) adquirió 99,99 % del…

Global private equity firm Advent International has increased its stake in Brazilian post-secondary education company Estácio from 10.48% to 13.5%.  (Valor Econômico) A gestora de private equity Advent aumentou sua…

Contacto: Caitlin Mitchell, LAVCA cmitchell@lavca.org +1.646.315.6737 Empresas Tecnológicas Respaldan Nueva Coalición Creada por LAVCA para Apoyar el Crecimiento Récord de Startups en América Latina Google, Facebook, Qualcomm Ventures, Movile, Globant,…

monashees+ and Grishin Robotics led a US$9m seed investment in Yellow, a dockless bike service launching in São Paulo. Yellow is founded by 99 co-founders Ariel Lambrecht and Renato Freitas,…

The Latin American Private Equity & Venture Capital Association (LAVCA) today announced the launch of the Latin American Tech Growth Coalition, with founding participants Google, Facebook, Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Movile, Globant, Riverwood Capital, and Telefonica OpenFuture_.

Equity International, Goldman Sachs Merchant Banking Division, and Centaurus Capital, in partnership with Grupo Pegasus, announced the formation and US$300 million investment of ARG Realty Group, a commercial real estate…

Emerging markets investment manager Ashmore Group and Steve Dixon, CEO and co-founder of STRACON GyM, have announced an agreement to acquire 87.59% of the stock of Peruvian mining company STRACON GyM…

This is a special contribution written by Andy Tsao of Silicon Valley Bank. This article also appeared on Medium.com. More than $84B of venture capital investment was made in 2017, the…

Trinity Ventures, Openview, Redpoint eventures, Funders Club, Valor Capital, ONEVC and Edelweiss made a US$16m investment in Pipefy, a business process optimization platform that was founded in Brazil. Previous investors include…

Mexican multinational baking company Grupo Bimbo, in collaboration with Fondo de Fondos and Sonen Capital, plans to launch an impact investing-focused Certificado de Proyectos de inversión (Cerpi). The vehicle will…

Exceed Capital Partners led a US$26.9m Series B investment in Yogome, a Mexican edtech startup making games for children, with participation from Insight Venture Partners and existing investors Variv Capital…

Brazil’s antitrust authority CADE has given approval to the Canadian Pension Plan Investment Board (CPPIB) and local firm Votorantim Geracao de Energia SA to acquire the 359-MW Ventos do Araripe III…

Canary raised R$160m for its first fund. Investments include fintech SmartMEI, HR platform Gupy, IT startup Terramagna, used car marketplace Volanty, online factoring platform Rapidoo, and  IDwall, a validation and…

International appetite to invest in Latin American startups has grown significantly since 2013. This is a mapping of the global investors active in Latin America between 2013-2017 including a deep dive of highlighted investments.