Unnamed investors made a R$500k investment in LadyDriver, a Brazilian rideshare startup for female passengers. 

Through its Foresee innovation program, Brazilian stock exchange B3 made an undisclosed investment in Redpoint eventures’ new fund, which is targeting $130m in capital commitments. (Valor Econômico) A B3, por meio do seu…

NXTP Labs announces new investments in Graphpath, Chazki, Uniko, Facenote, Pay per TIC, Finciero and Simple Móviles.

Vox Capital sold 30% of its stake in TEM, a Brazilian healthtech company offering a pre-paid card for health services in São Paulo, providing a partial exit for the firm at a 26% IRR. Vox invested R$3m in TEM in 2015.

Advent International will acquire a majority stake in Walmart Brazil.  Walmart Inc. will retain 20 percent stake upon completion of transaction.

The Portuguese energy company EDP launched a corporate venture capital vehicle, EDP Ventures Brasil.

Brazil’s National Monetary Council (CMN) has updated the alternatives investment regulation for pension funds. The CNM decreased pension funds’ investment limit in private capital vehicles from 20% to 15% of assets under management, and vetoed any new direct investment in real estate assets.

Wharton Alumni Angels’ Brazil Chapter is looking to invest R$9-12m in local startups this year, according to BTG Pactual president Roberto Sallouti, who recently joined this angel network.

Bossa Nova Investimentos made an undisclosed investment in SmartHint, a Curitiba, Brazil-based client retention and product recommendation SaaS platform for small and medium businesses.

Banrisul, the largest bank in Southern Brazil, is launching Fundo Fintech Ventures, a R$50m fund investing in Brazilian fintechs. Banrisul will contribute R$25m, with partner Gama Investimentos and private investors contributing the remaining R$25m.