Mountain Nazca led a USD2.3m preseed round for Meru, a Mexican e-commerce platform connecting SMEs in Latin America with suppliers in China, with participation from Ricardo Weder (Jüsto), Roger Laughlin…
-
-
Leo Capital, FJ Labs and existing investors Alpha4 Ventures and Meesho have invested a USD6m Series A for Colombia-based social commerce startup Elenas. The company previously raised a USD2m seed…
-
Angel Ventures, FJ Labs, Upper90, Presight Capital led a US$50m seed round in VALOREO, a Mexico-based e-commerce holding company specialized in acquiring, operating, and scaling Latin American- focused businesses under…
-
KaszeK Ventures and Qualcomm Ventures led a US$30m Series C for Nuvemshop (also known as Tiendanube), an Argentina-based e-commerce platform for SMEs with offices in São Paulo and Buenos Aires,…
-
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…
-
Verus Group and Brazilian angels invested R$800k in Fix it, a Brazilian company producing biodegradable and thermoformable plastic materials as an alternative to casts for joint immobilization. (Press Release)…
-
Magazine Luiza acquired Brazilian ecommerce brand Netshoes for US$62m. As of June 14th, Valor Econômico has reported Magazine Luiza acquired Brazilian ecommerce brand Netshoes for US$115m. More information here. (Brazil…
-
Samsung will invest R$200k each in Hoobox, Fofuuu, Sinte Soft, Epistemic, Keep Smiling, Olivas, Alltism, RealVM, Birdie, NavegAM, Tarvos and Indwise as part of its Creative Startups acceleration program. (EpocaNegocios)…
-
New York VC Palm Drive Capital led a US$5m Series A in LentesPlus, an online retailer for contact lenses, with participation from existing investors IGNIA and InQlab. LentesPlus is headquartered in Bogotá, with operations in Mexico, Colombia, Chile and Argentina.
-
Redpoint eventures invested in Repassa, an online platform for buying and selling gently used clothing. The undisclosed amount will be used to improve brand reach and customer experience.