Jeeves, a US-based expense management platform for startups with operations in Mexico, Colombia, Brazil and Chile, raised a USD57m Series B led by CRV, with participation from Silicon Valley Bank,…
-
-
Greenoaks and Tencent led a USD120m Series E+ for Brazilian proptech QuintoAndar at a reported USD5.1b valuation. Ribbit Capital led a USD300m Series E in May at a reported USD4b…
-
SoftBank and Tencent led a USD350m Series D for Argentine fintech Ualá, with participation from D1 Capital, 166 2nd LLC and Jacqueline Reses (Square), and follow-on from Soros Management, Goldman…
-
Argentine satellite earth observation startup Satellogic merged with CF Acquisition Corp. V, a SPAC formed by Cantor Fitzgerald, to go public at a reported USD850m valuation. The deal includes a…
-
GIC, Whale Rock, and Invesco led a US$400m Series G in Nubank at a US$25b valuation, with participation from Tencent, Dragoneer Investment Group, Ribbit Capital, and Sequoia Capital. Nubank raised…
-
Tencent and Fondo Pitanga made a follow-on US$50m investment in Argentine spacetech Satellogic, with participation from IDB Lab. Tencent and Pitanga led a US$27m Series B in 2017. (Clarín) La…
-
Tencent and SoftBank led a US$150m investment in Ualá, an Argentine mobile banking app. Tencent made an undisclosed investment earlier in 2019. Goldman Sachs led a US$34m investment in Ualá…
-
Brazilian fintech Nubank raised a US$400m Series F at a reported US$10b valuation. TCV led the round, with participation from existing investors Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital…
-
Nubank doubled its valuation to US$4b this year with a US$180m investment from Tencent, representing about a 5% stake in the company. US$90m was a direct investment from Tencent; the other US$90m in equity was purchased from existing shareholders. In March 2018, DST Global led a US$150m round in Nubank at a valuation over US$2b, with participation from Thrive Capital, Dragoneer Investment Group, and existing investors Founders Fund, Redpoint Ventures, Ribbit Capital, and QED Investors. Previous investors include KaszeK Ventures, Sequoia Capital, and Tiger Global Management. Tencent’s last disclosed direct investment in Latin America was a 2017 Series B in Satellogic, an Argentine space exploration platform.