Brazil

CPP Investments and the Votorantim Group consolidated several Brazilian energy assets and will create a new combined company to be listed on the B3 Stock Exchange. CPP Investments CP will…

Bain Capital, through Bain Capital Tech Opportunities, invested BRL450m (~USD81.6m) for a 43% stake in Brazil-based healthcare software company Bionexo at a reported BRL1.1b (~USD199.5m) valuation, facilitating a partial exit…

Tencent and SoftBank led a USD200m Series F for CargoX, a Brazilian trucking marketplace, with participation from Valor Capital Group and MFO Oikos, and follow-on from Lightrock. Tencent and SoftBank…

XP Investimentos acquired Hospital de Olhos Santa Luzia, a Brazil-based hospital specialized in ophthalmology, for an undisclosed amount. (Capitalist) XP Investimentos acquired Hospital de Olhos Santa Luzia, in Recife, through…

Spice Private Equity acquired Argo Seguros Brasil for BRL160m (~USD30m). Argo Seguros Brasil is the Brazillian operations for Argo Group International Holdings, an underwriter of specialty insurance. (Press Release) HAMILTON,…

YC and NY-based retail investment platform Public.com led a USD5.7m seed round for Sprout, a retail investment platform enabling Brazilian citizens to invest in the US stock market, with participation…

Crescera Capital led a USD80m Series C for Tembici, a Brazilian micro-mobility platform focused on bikes, with participation from Endeavor Catalyst and Pipo. Tembici raised a USD47m Series B led by…

Globo Ventures led a ~USD10m Series D+ for Liv Up, a Brazilian subscription-based meal kit delivery service. Liv Up raised ~USD18m from KASZEK, ThornTree Capital, Spectra and Endeavor Catalyst in 2019.…

monashees and Valor Capital Group led a ~USD4.6m pre-seed round for BHub, a Brazilian accounting and financial management platform for SMEs, with participation from QED Investors, Clocktower, Addition, Picus Capital,…

Mexican car resale marketplace Kavak raised a USD700m Series E led by General Catalyst, with participation from Tiger Global, SoftBank, Ribbit Capital, Spruce House, D1 Capital, SEA and Founders Fund…