Igah Ventures led a R$6m round in Dr. Jones, a Brazilian DTC brand for men’s beauty products, with participation from Norte Ventures, Bruno Nardon (former President of Rappi in Brazil),…
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Rappi raised US$300m from T. Rowe Price Associates and other undisclosed parties. Previous investors in Rappi include SoftBank, Andreesen Horowitz, DST Global, Sequoia Capital, and Y Combinator. (Nasdaq) Colombian all-purpose delivery…
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Soma Capital, InQlab, and Palm Drive Capital invested US$5m in LAIKA, a Colombian e-commerce platform for pet goods and services, to strengthen its operations in Colombia and expand to the…
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Canary, Atlantico, and Big Bets led a R$7.5m round in Brazilian event planning platform Festalab. (Contxto) Coronavirus (Covid-19) may be reducing the number of social gatherings. But party-planning platform FestaLab still has…
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iFood completed a majority acquisition of Domicilios, which Delivery Hero acquired in 2014. iFood will own 51% of the JV with Delivery Hero. The transaction is undisclosed but one of…
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SoftBank will invest US$1b in Colombian delivery app Rappi, split 50/50 between SoftBank’s Vision Fund and the new SoftBank Innovation Fund. Rappi is the first investment from the US$5b Innovation…