Draper Cygnus invested US$640k in Panarum, an Argentine biotech developing nano capsules to replace the use of needles with pill-based treatments. (Press Release) – It is quite likely that you…

CITES invested US$1.75m in each of three Argentine early-stage startups: Stradot, a hardware startup building drones to lift and organize parked vehicles in outdoor parking lots; Clover, a biotech startup…

Uruguay-based biotech Eolo Pharma raised a US$2.7m Series A from CITES and a group of international investors to fund preclinical trials for an obesity treatment. Eolo Pharma is run by…

Carao Ventures led a US$2m follow-on investment in Speratum, a Costa Rican biotech focused on microRNA-directed oncology therapies primarily for pancreatic and ovarian cancers. Carao previously invested US$800k when Speratum…

KaszeK Ventures and SOS Ventures made a US$3m investment in NotCo, a Chilean foodtech startup accelerated at IndieBio. NotCo uses plant-based proteins to replicate mayonnaise, milk and other animal-based products without any animal-derived ingredients. 

Austral Capital is raising a third fund, the Latin America Growth Tech Fund, with a US$80m target. Fund 1 (2008) was a US$40m tech/biotech-focused fund whose portfolio includes Andes Biotechnologies and Scanntech. Fund II (2012) was a US$20m renewable energy-focused fund.

Brazil’s BNDES selected DOMO Invest to manage its angel co-investment fund, which will invest up to R$100m over the next ten years across sectors, with initial tickets up to R$500k.

Y Combinator’s Winter 2018 cohort includes Runa HR, an automated payroll platform in Mexico, Ropeo, a Colombian on-demand fashion service, Flint, a mobile wallet operating in Mexico, Qulture.rocks, a Brazilian…

SP Ventures exited Bug Agentes Biológicos, a Brazilian biotech firm, though a sale to Dutch biochemical company Koppert Biological Systems. (Valor Econômico) A holandesa Koppert fechou a aquisição, por meio…

Fondo Alerce made a US$1.4m investment in GeneproDX SPA, a Chilean biomedical startup working on thyroid cancer detection. (LexLatin) La empresa chilena de biomedicina GeneproDX SPA recibió un aporte de…