Pedralbes Partners and Aihuishou, a Chinese electronics recycle startup backed by Tiger Global, made a US$3m investment in Trocafone, a Brazil-based marketplace for used electronics. Trocafone raised US$15m in 2017 from Callfort, MIT Castor Ventures Fund, FJ Labs, Rocketship, and Mercado Libre Fund. Existing investors include Wayra, Quasar Builders, NXTP Labs, South Ventures, Lumia Capital, and 500 Startups.
(Press Release) Mexico’s Pedralbes Partners will invest up to US$2m of growth capital in Buenos Aires based mobile marketing company, Logan as part of a Series A financing. BUENOS AIRES, October 2016 –…