UK-based VC VEF led a ~USD38m Series B for Gringo, a Brazilian car documentation management platform, with participation from UK-based VC Piton Capital, and follow-on from KASZEK, ONEVC and GFC.…

 KASZEK led a USD8m round for Gringo, a Brazilian car documentation management platform, with participation from GFC and ONEVC. (TechCrunch) – Gringo, a Brazilian startup that has built an app aimed…

Grin and Yellow jointly raised US$150m and merged to form Grow Mobility in Latin America, only a few months after Grin merged with Ride in Brazil. The joint venture has over 1,000 employees based in the region,…

Sign up for the Latin American Private Capital Update, a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and…

Mexican e-scooter startup Grin raised a US$45.7m Series A and merged with Ride in Brazil. Lukasz Gadowski, Founder of Delivery Hero, led Grin’s Series A, with participation from existing investors Shasta Ventures, DCM, SV Angel, Trinity Ventures, monashees, and Base10 Partners. Grin raised an undisclosed seed round from monashees, Sinai Ventures, Liquid2 Ventures, 500 Startups, Base10 Partners, Y Combinator and others in early 2018, and was part of the YC Spring 2018 cohort.

Cargill has entered into a minority investment agreement with Agriness, a technology company focused on pork production. Agriness, which has a cloud-based digital platform for agricultural production management, has a share of more than 90 percent in the Brazilian pork market. 

monashees+, Sinai Ventures, Liquid2 Ventures, 500 Startups, Base10 Partners and others made an undisclosed seed investment in Grin, an e-scooter company that just joined Y Combinator.

(Valor) The British firm Salamanca Group, specializing in risk management and investments, closed an association with the South African logistics company Grindrod to invest in logistics and real estate projects…

KASZEK, Iporanga Investimentos, GFC and Picus Capital led a ~USD8.4m round for Legiti, a Brazilian cybersecurity startup developing predictive models for preventing ecommerce fraud. KASZEK, GFC and Iporanga invested USD2.5m…

Prisma Capital reached a USD650m final close for Prisma Capital Solutions II, a special situations vehicle. (Prisma Capital) — a gestora de special situations fundada por Marcelo Hallack, João Mendes…

Brazilian beef exporter Minerva Foods and Quartz led a BRL120m Series B for Shopper, a Brazilian subscription delivery platform for consumer products, with participation from FJ Labs,and Floating Point, and…

AcNext Capital, a syndicate formed by former Accenture Latin America CEO Roger Ingold, led a BRL10m round for B4A, A Brazilian marketing platform connecting beauty brands with influencers, with participation…

FJ Labs and Alec Oxenford (letgo) invested USD3.5m in DRIC, a Brazilian data privacy and storage platform.  (Startupi) – A DRIC, startup que desenvolveu um software baseado em código bidimensional que…

General Catalyst led a USD3.5m round for Clara, a Mexican startup offering corporate expense management and credit cards for Mexico-based startups, with participation from  Canary, Adapt Ventures and Picus Capital.…

This directory profiles the core group of LAVCA Member venture investors, corporates, and tech organizations dedicated to supporting startups and the tech ecosystem.

monashees and San Francisco-based SV Latam led a US$14m round in Oyster, a Mexican digital banking platform for SMEs and startups, with participation from FJ Labs, Fintech Collective, Redpoint eventures,…

MatterScale Ventures participated in a US$5m investment in Torre, a Colombian talent search and job matching platform targeting young professionals. (Contxto) The right email arriving at the right time can make…

Valar Ventures led a US$19m extension to Mexican fintech Albo’s Series A, with participation from Mountain Nazca Mexico and Flourish Ventures. Albo raised US$7.4m earlier in 2019. This is Valar’s…

Brazilian PE firm Bela Vista Investimentos announced an investment into healthy food producer Roots to Go. Financial terms of the investment were undisclosed. (Press Release) Bela Vista Investimentos is pleased…

Valor Capital led a US$2m investment in TNH Health, a Brazilian healthtech startup that developed a chatbot within Facebook Messenger to provide virtual psychology services free of charge. (Press Release)…

ALLVP led a US$4.5m pre-seed round in Flat, a Mexican proptech employing the iBuyer model, with participation from Liquid 2 Ventures, Next Billion Ventures, Picus Capital and angel investors. (TechCrunch)…

This leaderboard tracks Latin American tech unicorns, privately held tech companies with post-money valuations of US$1b+ based on their last disclosed valuation event.

Grow Mobility, the Latin American rideshare startup that resulted from the Grin/Yellow merger, has merged with payments startup Flinto. Grin & Yellow jointly raised US$150m in January 2019. Backers include…

monashees closed its seventh VC fund, a US$150m vehicle, with participation from international endowments, foundations, family offices, funds, and entrepreneurs. Monashees has raised US$430m to date with 55 active portfolio companies, including Loggi, Rappi, Yellow, Grin, Neon, Mandaê and others.

TheVentureCity, the IFC and Ventech made a US$22m investment in RecargaPay, a Brazilian mobile payments platform, with participation from FJ Labs, DN Capital, and various angel investors (through AngelList and…

Monashees Capital, Valar Ventures, Thrive Capital, and Kaszek Ventures have completed an exit from Brazilian e-commerce platform Oppa with a sale to Meu Móvel de Madeira (MMM).  (Amanha) O e-commerce de…

Impact investing firm Capria announces investments in an unnamed fund manager in Latin America who is creating a US$21m fund focused on Chile, and in Lateral Capital, a Sub-Saharan African…

Tienda Nube provides over 16,000 merchants an omnichannel e-commerce platform, with integrations for credit card and offline payment, shipping and logistics, and distribution in the region’s major online marketplaces. In this interview, co-founder and CEO Santiago Sosa shares insights into the challenges online merchants face in Latin America, and how Tienda Nube is innovating around them.

After raising capital from local investors, Colombian delivery startup Rappi, co-founded by Simón Borrero, Sebastian Mejia, and Felipe Villamarin, raised over US$9m from international VCs in April 2016. Investors included…

Founders Fund has made an undisclosed investment in Jusbrasil, a Salvador-based legal website with 750,000 registered Brazilian attorneys and 20M monthly users. This is Founders Fund’s first investment in legal…