SoftBank announced an initial US$2b commitment on a new SoftBank Innovation Fund to invest in Latin American startups, with a target of US$5b. SoftBank’s investments in the region include 99…
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Redpoint eventures invested R$1.15m in Ribon, a Brazilian platform that lets users convert ad dollars to donations to non-profits. (StartSe) Nesta semana, o Ribon, startup que possibilita que pessoas doem…
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BTG Pactual invested R$10m across Digesto (legal tech), Finpass (SMB credit) and Agronow (satellite crop monitoring) using a convertible debt instrument. All three startups were accelerated at BTG Pactual’s BoostLab…
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Colombian Decree 2443 of 2018 , issued on December 27, will allow financial companies to invest in fintech startups, as long as the startups have no financial holdings in those same…
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Finep Startup (formerly Startup Brasil) plans to invest R$30m in 30 Brazilian startups in 2019, part of a R$400m capital commitment. (Baguete) A Finep lançou nesta segunda-feira, 7, a segunda…
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Chilean association ACVC submitted policy recommendations to the Ministerio de Hacienda to overcome obstacles to startup investment. (Economía y Negocios) Un bajo involucramiento de las grandes empresas con los innovadores…
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In 2019, Argentine VC fund Ayala Capital plans to invest US$4m in 6-7 startups in Argentina, Chile, Mexico, and potentially Colombia and Peru. (Perfil) El fondo de administración de inversiones…
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Angel Ventures Peru led a US$350k seed investment in FitCo, a Peruvian gym management startup that also operates in Mexico, Chile and Colombia.
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Mexican venture firm GC Capital announced a first close of MX$100m for its second fund.
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DST Global led a US$200m investment round in Colombian on-demand delivery startup, Rappi, which is now valued north of US$1b, as first reported by Axios. (TechCrunch) Rappi, the Colombian on-demand delivery…
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