e-commerce

GGV led a USD65m Series B round in Frubana, a Colombian B2B platform of agri-products for restaurants and small retailers, with participation from Lightspeed Venture Partners, and follow-on from monashees,…

Atlantico led a BRL110m Series B round for Sallve, a Brazilian skincare e-commerce platform, with participation from Quartz, Endeavor Catalyst and Red Swan, and follow-on from KASZEK, Astella Investimentos, Canary,…

Valor Capital Group, monashees and UK-based VC Balderton Capital led a USD60m equity and USD100m debt round for Merama, a Mexico and Brazil-based startup seeking to acquire stakes in Latin…

Crescera Capital exited Bling, a Brazilian ERP platform for e-commerce retailers, through a BRL524m sale to Locaweb, a Brazilian web services hosting platform. (Press Release) Locaweb Serviços de Internet S.A. (“Company”) pursuant to the Rule…

Warburg Pincus has partially exited its stake in B3-listed Sequoia Logística, a Brazil-based logistics operator focused on the e-commerce sector, via a follow-on offering worth BRL894m (~USD158.5m). Warburg Pincus received…

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…

Mexican PE Nexxus Capital announced an undisclosed commitment in Mexico-based VC IGNIA Partners. The alliance will allow diversifying the sectors in which Nexxus invests. (Press Release) IGNIA y Nexxus Capital (“Nexxus”) anuncian…

EB Capital completed the sale of its stake in Brazil-based office supplies company BR Supply to its founder Cesar Folle. The fund invested in BR Supply in November 2017.  (Valor…