Smart luggage startup Bluesmart has raised US$1.6m on crowdsourcing platform Indiegogo for a second time. Existing investors in Bluesmart include Tsing Capital, monashees+, Endeavor Catalyst, XG Ventures, and others. (Indiegogo)…
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Bluesmart, a California based internet-connected luggage producer with offices in Argentina and China, raised US$12m in Series A. Tsing Capital led the round, and was joined by monashees+, Endeavor Catalyst,…
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(Bloomberg) PayPal Holdings Inc. forged new mobile-wallet partnerships with telecommunications giants Vodafone Group Plc in Europe and America Movil SAB in Latin America, highlighting a key growth strategy for the…
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Goldman Sachs led a US$10m investment in Brazilian trucking startup CargoX, with participation from prior investors Valor Capital, Lumia Capital, Agility Logistics, former DHL Express US CEO Hans Hickler (also an investor in Mandaê) and Uber Co-Founder Oscar Salazar. CargoX has secured US$14m in funding to date.
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Boston-based Beamonte Investments announced the first close of Venture Academy Fund, a Mexico and Colombia focused VC fund, with close to US$6m in capital commitments. (Newsletter) Beamonte Investments announces…
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MercadoLibre purchased Axado, a freight management platform, for R$26m, generating a 4X return for Fundo SC, a Santa Catarina-based fund managed by FIR Capital and BZPlan since 2010. Fundo SC…
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(South Ventures) South Ventures now have the opportunity to invest in startups with the highest potential in a way that is easy, fast and secure via SV Global III, South…