Rappi

Andreessen Horowitz and NFX led a USD11.5m seed round for Latitud, a US and Brazil-based enterprise platform for Latin American startups’ company formation, cap table and cross-border capital management, with…

Alaya Capital Partners, Potencia Ventures, Mr. Pink, and Winnipeg made a US$600k in Talently, a Peruvian hrtech connecting freelance software developers with international companies. (Press Release) La pandemia Covid-19 cambió…

Volpe Capital, a VC fund founded by former SoftBank Managing Partner Andre Maciel, reached a US$50m first close with BTG Pactual as a second anchor investor. Volpe Capital plans to invest…

Igah Ventures led a R$6m round in Dr. Jones, a Brazilian DTC brand for men’s beauty products, with participation from Norte Ventures, Bruno Nardon (former President of Rappi in Brazil),…

Rappi raised US$300m from T. Rowe Price Associates and other undisclosed parties. Previous investors in Rappi include SoftBank, Andreesen Horowitz, DST Global, Sequoia Capital, and Y Combinator.  (Nasdaq) Colombian all-purpose delivery…

Soma Capital, InQlab, and Palm Drive Capital invested US$5m in LAIKA, a Colombian e-commerce platform for pet goods and services, to strengthen its operations in Colombia and expand to the…

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…

Iporanga Ventures led an undisclosed investment in Stark Bank, a Brazilian B2B payments processing platform founded by Rafael Stark. Clients include Rappi, Rebel and others. (Contxto) Stark Bank—a fintech startup…

Rappi acquired Payit, a Mexican blockchain-based payments platform, for an undisclosed amount. (La Republica) La plataforma colombiana de entrega de pedidos a domicilio, Rappi, adquirió la startup mexicana de pagos…

monashees closed its seventh VC fund, a US$150m vehicle, with participation from international endowments, foundations, family offices, funds, and entrepreneurs. Monashees has raised US$430m to date with 55 active portfolio companies, including Loggi, Rappi, Yellow, Grin, Neon, Mandaê and others.