Company: Heru Investors: Mountain Nazca, Flourish Ventures, Magma Partners, Y Combinator, Xtraordinary Ventures Interview with: Co-Founders Stiven Rodriguez and Mateo Jaramillo A recent study conducted by Flourish Ventures, MEI Facil,…
delivery
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Rappi Raises US$300m from T. Rowe Price Associates and Others
24 September 2020Rappi raised US$300m from T. Rowe Price Associates and other undisclosed parties. Previous investors in Rappi include SoftBank, Andreesen Horowitz, DST Global, Sequoia Capital, and Y Combinator. (Nasdaq) Colombian all-purpose delivery…
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Mountain Nazca and Foundation Capital Lead a US$12m Bridge Round in Grocery Delivery Startup Jüsto
30 June 2020Mountain Nazca and Foundation Capital led a US$12m follow-on investment in Jüsto, a Mexico-based grocery delivery startup founded by Cabify alum Ricardo Weber, with participation from FEMSA Ventures, H20 Capital,…
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iFood Acquires Majority Stake in Domicilios
8 April 2020iFood completed a majority acquisition of Domicilios, which Delivery Hero acquired in 2014. iFood will own 51% of the JV with Delivery Hero. The transaction is undisclosed but one of…
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SoftBank Invests US$1b in Colombian Delivery App Rappi
30 April 2019SoftBank 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…
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Lighthouse Investimentos Invests in Brazil’s POS Controle & Catálogo Delivery (em português)
12 December 2018Lighthouse Investimentos made undisclosed investments in POS Controle, a mobile payments solution for small retailers, and Catálogo Delivery, an consumer app for last-mile delivery. (Baguete) A Lighthouse, empresa nacional de…
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Undisclosed Investors Make Investment Rappi (en español)
24 January 2018UPDATE: Bloomberg reports that as of February 27, 2018 Rappi has raised US$185m from Delivery Hero, Sequoia Capital & Andreessen Horowitz, among others. Undisclosed investors made a US$130m investment in Rappi,…
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Naspers & Innova Capital Invest US$82m in Movile to Expand iFood
7 December 2017South Africa-based media conglomerate Naspers and private equity firm Innova Capital made a US$82m investment in Movile to increase the company’s stake in iFood. (TechCrunch) To hear Naspers and the…
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Kaszek Ventures Leads Investment in Brazil’s Liv Up (em português)
27 September 2017KaszeK Ventures led a R$5m investment in Liv Up, a Brazilian frozen food delivery company. iFood founder Patrick Sigrist and Rapiddo CEO Guilherme Bonifácio invested previously. (Valor Econômico) A Liv…
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Mercadoni’s US$6.2m Proves LatAm is an Ideal Market for Grocery Delivery Innovation (en español)
20 June 2017Company: Mercadoni Investors: Axon Partners, Grupo Pegasus Mercadoni is a Colombian grocery delivery app that raised a US$6.2m investment from Axon Partners and Grupo Pegasus. In this interview with Mercadoni co-founder…