iFood

Movile led a R$60m round in Zoop, a Brazilian white label fintech platform for SMEs and startups. Mobile invested US$18.3m in Zoop in 2019. (Press Release) Movile, one of Latin America’s…

Goldman Sachs Merchant Banking led a R$120m Series A in iugu, a Brazilian finance automation and payment platform for SMEs, with follow-on from Indicator Capital, and Fabio Povoa, Co-Founder of…

Canary invested US$980k in Mobees, a Brazilian adtech startup for rideshare services. (Contxto) Brazilian Mobees is mixing mobility and tech to give drivers an additional source of income. No, not through a ride-hailing platform mind you,…

Company: SWAP Investors: ONEVC, GFC, Flourish Ventures, a.b.seed, Hustle Fund, Brad Flora, Patrick Sigrist, Canary, SOMA Capital, Rhombuz Ventures, Brad Flora, and Patrick Sigrist.  Interview with: Co-Founders Douglas Storf and…

Global Founders Capital, ONEVC, and Flourish Ventures made an undisclosed investment in Swap, a Brazilian fintech services provider for enterprises. Y Combinator Partner Brad Flora and iFood Cofounder Patrick Sigrist also…

iFood completed a majority acquisition of Domicilios, which Delivery Hero acquired in 2014. iFood will own 51% of the JV with Delivery Hero. The transaction is undisclosed but one of…

ABseed and Order invested R$10m in Leads2b, a Brazilian client prospecting SaaS platform. Grupo Bonin invested previously. (Neofeed) A Leads2b, startup de Curitiba responsável por uma plataforma de prospecção de…

Naspers, Innova Capital, and parent company Movile invest US$500m in Brazil’s iFood. Current investors Naspers and Innova are injecting US$400m, while Movile is providing the additional US$100m. Movile’s contribution is coming from a US$124m investment announced by the same shareholders in July.

On the heels of a US$124m fresh capital injection, iFood acquired Rapiddo for an undisclosed amount. Both companies are backed by Movile.  iFood also acquired the Brazilian operations Pedidos Ya

Movile raised a fresh US$124m round of financing for iFood, led by Naspers, with participation from Innova Capital. Last year, Movile raised US$82m for iFood and US$53m for Movile, also from Naspers and Innova Capital.