e-commerce

Andreessen Horowitz invested US$12.5m in ADDI, a Colombian point-of-sale lending startup, with participation from previous investors monashees, Village Global and Sinai VC. ADDI raised US$3.8m in 2018.  (TechCrunch) Andreessen Horowitz…

DILA Capital and Angel Ventures Peru made an undisclosed seed investment in Emptor, a Mexican identity services platform for on-demand companies. (Press Release) Emptor, a leading platform for the automation…

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…

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…

Wayra Colombia made an undisclosed investment in Peiky, a Colombian sales management tool for social media platforms. (Press Release) Wayra, el brazo de inversión corporativa e innovación abierta de Telefónica…

Portland Private Equity led a US$14m investment in Merqueo, a Colombian grocery startup, with participation from Endeavor Catalyst. Mountain Nazca Colombia and Velum Ventures invested previously. (Press Release) Merqueo raised…

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.

The Gontijo family office led a R$5m investment in Alfred, a Brazilian startup building e-commerce locker facilities in São Paulo and Rio de Janeiro. Alfred also formed exchanged equity shares with Pakpobox, a Chinese locker pioneer partnered with Alibaba, through a strategic partnership.

Wevo is a Brazilian ecommerce cloud integration platform that raised its first funding in an undisclosed Series A investment from Cventures Primus and Omnilink founder Cileneu Nunes. In this interview, co-founder and CEO Diogo Lupinari discusses the company’s critical pivot in 2014 and its global ambitions.

Spanish bank Banco Sabadell has made its debut early stage investment in Mexico by contributing US$100K to the US$1.5m round recently raised by Trendier, a mobile marketplace to buy and sell used fashion in Mexico and Colombia. This is Trendier’s second funding round in the startup’s history.