FIR Capital acquired 30% stake in pet health insurance company Plamev Pet, with participation from Duxx Investimentos, Health Invest and VS1 Capital. The amount was undisclosed.  (Valor Econômico) Com uma…

EmCasa, a Brazilian proptech for buying and selling residential real estate, raised a ~USD22m round from Globo Ventures, Igah Ventures, Flybridge Capital, monashees, MAYA Capital, Pear VC, NBV and ONEVC.…

Valor Capital Group led a USD3.6m round for Quansa, a Chile- and Brazil-based corporate benefits platform focused on employee financial wellbeing, with participation from Canary, Sequoia, Norte Ventures, Pear VC,…

SoftBank led a USD35m Series B for Cobli, a Brazil-based telematics and fleet management platform, with participation from Qualcomm Ventures and follow-on from NXTP, Valor Capital Group, Fifth Wall Ventures…

H.I.G. Capital-backed Desktop Sigmanet, a Brazil-based internet service provider, filed for an initial public offering. H.I.G. Capital acquired Desktop Sigmanet in 2020 for an undisclosed amount. (Valor Econômico) A provedora…

GIC acquired a significant minority stake in Aqua Capital-backed Soluções Biológicas (Biotrop), a Brazilian biological agtech inputs company. The transaction is subject to approval.  (Press Release) Private equity manager Aqua…

SP Ventures led a USD5m Series A for Frizata, an Argentine frozen fruit and vegetable DTC platform with plans to launch operations in Brazil, with participation from Norte Ventures and…

Torq Ventures, a ~USD10m CVC fund launched by Brazilian software developer Sinqia, led a ~USD11m round for Celcoin, a Brazilian open finance infrastructure developer for fintechs targeting the underbanked, with…

Brazil-based e-commerce chain Magalu acquired KaBum!, a Brazil-based technology and e-commerce platform backed by Insight Partners, for up to BRL3.8b (~USD741m). As part of the agreement, Magalu invested BRL1b (~USD195m),…

Accion Venture Lab and K50 Ventures led a USD3.8m round for Dinie, a Brazilian lending platform, with participation from Flourish Ventures, DOMO Invest, Tribe Capital and Capital Lab. Dinie recently…