Impact

Blue Like an Orange Sustainable Capital has reached a US$200m+ final close for its first Latin America fund. The fund has a co-financing agreement with IDB Invest and counts over…

Elevar Equity led a US$3m Series A in Canasta Rosa, a Mexico-based marketplace for DIY and handmade goods, with participation from WPSS Consumer Investments and angels from Mercado Libre, P&G,…

Canary and Valor Capital led a R$20m investment in Alicerce, a Brazilian network of education centers to supplement students in the public school system living in city peripheries. Angels including…

Yunus Social Business made an undisclosed investment in Arbusta, an Argentine sourcing and talent development company focused on providing opportunities for low income youth and women. (Yunus) Training vulnerable youth…

Vox Capital and Kviv Ventures invested R$6m in VirtusPay, a Brazilian consumer lending platform for making e-commerce purchases with installment payments. (Globo) A fintech VirtusPay, que oferece parcelamento de compras…

Dutch private equity firm Aqua-Spark invested in Fisher Piscicultura, a Brazilian tilapia farm. Aqua-Spark acquires minority stakes in sustainable aquaculture SME’s around the world. Financial terms of the deal were…

Global nonprofit Accion’s seed-stage investment initiative, Accion Venture Lab, launched a new US$33m fund, leveraging third-party capital for the first time (US$23m) and including a separate US$10m investment from Accion. …

Grupo Mosaico, parent company of ecommerce app Zoom, received regulatory approval to acquire Buscapé from Naspers (DCI) O Grupo Mosaico, dono do site de comparação de preços Zoom, recebeu aval…

Adobe Capital closed its Adobe Mezzanine Fund II with US$30.3m in capital commitments, entirely comprised of institutional investors. Fund I was a US$20m vehicle raised in 2012. (Press Release) Adobe…

British asset manager Schroders agrees to acquire a majority stake in Swiss impact investor BlueOrchard. The deal gives the Schroders access to BlueOrchard’s about US$3.5b assets under management as of…