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…
"99 rideshare"
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Japan’s Softbank Injects US$100m in 99
May 24, 2017Japan’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…
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Didi Chuxing Leads ~US$100m Investment in 99 (em português)
January 4, 2017(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…
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Valor Capital Group and Prosus Ventures Lead USD104m Series B for Brazilian Rental Car Platform Kovi
August 18, 2021Valor Capital Group and Prosus Ventures led a USD104m Series B for Kovi, a Brazilian subscription-based rental car platform for on-demand drivers, with participation from monashees, GFC, Quona Capital, Broadhaven…
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ThornTree Capital Partners Leads R$180m Series B in Brazilian Healthcare Provider Alice (em português)
February 11, 2021ThornTree Capital Partners led a R$180m Series B round in Brazilian healthcare provider Alice. Alice was founded by Andre Florence and Matheus Moraes, alums of Brazilian rideshare 99 (acquired by…
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COVID-19 Startup Insights
August 5, 2020Startups that cashed up in 2019 have an advantage approaching the C19 crisis. LAVCA spoke directly with the CEOs of 74 startups to understand how they’re navigating 2020.
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Canary, KaszeK Ventures, and MAYA Capital invested US$16m in Alice, a Brazilian healthcare provider. Alice was founded by Andre Florence and Matheus Moraes, alums of Brazilian rideshare 99 (acquired by…
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Global Founders Capital Leads a US$30m Investment in Kovi
November 5, 2019Global Founders Capital led a US$30m investment in Kovi, a Brazilian provider of rental cars for on-demand drivers in Latin America, with participation from Quona Capital, and follow-on from monashees,…
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Latin America Unicorn Leaderboard
August 12, 2019This leaderboard tracks Latin American tech unicorns, privately held tech companies with post-money valuations of US$1b+ based on their last disclosed valuation event.
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Monashees led a US$10.5m seed investment in Kovi ,provider of rental cars for on-demand drivers in Latin America, with participation from MAYA Capital and ONEVC. Co-founders Adhemar Milani Neto (CEO)…
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All About Loggi: Founder Fabien Mendez is Delivering for Amazon, MercadoLibre, & “Everyone”
November 28, 2018LAVCA recently sat down with Loggi co-founder and CEO Fabien Mendez to understand how a company that started out doing document delivery in São Paulo has scale to handle food delivery for some of the biggest brands and competitors in Brazil
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Unicorns and IPOs: Latin America’s Record Start to 2018
November 12, 2018The first half of 2018 was a record-breaking semester for startup investment in Latin America. Investment dollars grew for every major market in the region with Brazilian and Mexican startups capturing the most investment.
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Mexico is fast emerging as the new battleground for the global transport wars, from rideshare and delivery to e-scooters and mopeds: In the past year, Chinese heavyweights Didi Chuxing (rideshare),…
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Inside Latin America’s Breakout Year in Tech
May 7, 2018Inside Latin America’s Breakout Year in Tech is an 8-page graphic report with updates about the venture and tech ecosystem in the region. The report maps the major markets and covers top deals by value, co-investments, startup ecosystem maturity, and the trending and fastest growing sectors.
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Global Investors in Latin American Startups
February 28, 2018International 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.
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New Global Investors in LatAm Startups (2017)
February 26, 2018There were 24 global investors making debut investments in LatAm in 2017, including notable deals by Softbank and Didi Chuxing, as well as new funds TheVentureCity and ONEVC.
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Global Corporate Investors in LatAm Startups (2013-2017)
February 26, 2018Corporate investors participate in some of the largest investments in LatAm startups, but have also demonstrated an appetite across a range of stages and sectors.
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Asian Investors in LatAm Startups (2013-2017)
February 26, 2018Asian investors are playing an increasingly important role in financing LatAm startups, co-investing alongside local and global investors across a range of sectors and stages.
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State of the Industry: 2017 VC Deal Activity & Highlights
October 31, 2017The entrance of major global investors into a string of recent early and expansion stage rounds in Latin America is contributing to record investment dollars in Latin American startups.
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The global transport wars are heating up in Latin America with major investments from new Asian players. A few months after Chinese transportation giant Didi Chuxing announced a US$100m co-investment…