Chilean big data startup Odd Industries raised a US$2m seed round from undisclosed investors. (Diario Financiero) Cuatro inversionistas locales se quedaron con los tickets de la primera Seed Round de…

German development institution DEG and Colombian private equity firm Altra Investments acquired 38% of Chilean insurance company AVLA through a joint-venture. The financial terms of the deal were undisclosed. (Diario…

Canadian private equity firm Clairvest Group agreed to merge its portfolio company Chilean Gaming Holdings with Sun Dreams SA creating one of the largest casino operating conglomerates in Latin America.…

CDPQ through its investment partnership with DP World acquired a 45% stake in DP World Chile, which operates terminals in Puerto Central and Puerto Lirquen. CDPQ partnered two years ago…

99 Minutos, a Mexican ecommerce shipping platform, acquired MuvSmart, a Chilean last-mile delivery startup, for an undisclosed amount. Engie Factory Mexico made a follow-on investment in 99 Minutos as part…

Dev Labs made a US$100k seed investment in Altum Lab, a Chilean fish feed optimization platform founded by Madeleine Valderrama. (Diario Financiero ) Altum Lab aterrizará en julio en EEUU…

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…

Fundación Chile GM Marcos Kulka announced plans to launch an agtech-focused VC fund in 2H2019.  (Diario Financiero) Marcos Kulka de Fundación Chile: “Chile debe enfocar la investigación donde tiene escala.…

Chilean association ACVC submitted policy recommendations to the Ministerio de Hacienda to overcome obstacles to startup investment. (Economía y Negocios) Un bajo involucramiento de las grandes empresas con los innovadores…

In 2019, Argentine VC fund Ayala Capital plans to invest US$4m in 6-7 startups in Argentina, Chile, Mexico, and potentially Colombia and Peru. (Perfil) El fondo de administración de inversiones…