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…
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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…
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Unima is a Mexico-based healthtech startup developing fast and low-cost diagnostics and infectious disease surveillance for limited resource settings. LAVCA interviewed Laura Mendoza, Co-Founder & CPO about biotechnology, impact of winning WeXchange’s pitch competition…
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Aurus Capital led an undisclosed Series A investment in Aguamarina, a Chilean industrial biotech company focused on sustainable solutions for the mining industry, with participation from Khosla Ventures and Endeavor…
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Invermaster Ventures co-led a US$1m investment in Chilean biotech Levita Magnetics. Existing investors include Alex Seelenberger from Aurus Capital (co-founder and first investor), FEN Ventures (Cristóbal Silva and José Antonio…
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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…
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The Draper Cygnus fund, invested US$3m in Alxerion, Skyloom, and Stamm The three Argentine companies are focused on the space and biotechnology industries.
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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…
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Tim Draper and Cygnus capital have partnered to launch the Draper Cygnus VC Fund to invest in Argentinian startups. (La Nacion) Tim Draper, que invirtió en 30 proyectos que se…
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Finep Startup (formerly Startup Brasil) announced it will invest R$400m in startups over the next four years. (Baguete) O Ministério de Ciência, Tecnologia, Inovações e Comunicações acaba de ressuscitar o…
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