Latache Capital agreed to buy a stake in transportation services provider Rodovias do Tietê from Portuguese company Lineas. Financial terms of the transaction were undisclosed. (Valor Econômico) A Latache Capital…
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TheVentureCity led a US$3m Series A in SimpliRoute, a Chilean logistics intelligence platform, to strengthen its presence in Mexico, Colombia and Uruguay. ChileGlobal Ventures, Wayra Chile, and 500 Startups invested…
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Global Founders Capital led a US$30m investment in Kovi, a Brazilian provider of rental cars for on-demand drivers in Latin America, with participation from Quona Capital, and follow-on from monashees,…
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The government of Colombia awarded the construction of the Bogota metro to a consortium composed by China’s Harbour Engineering Company, Xi’an Metro Company, Canada’s Bombardier Inc. (Reuters) A $4 billion…
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Brazilian bus ticketing platform Buser raised an undisclosed round from SoftBank Latin America Fund and Grupo Globo, with follow-on from Valor Capital, monashees and Canary. (Reuters) Japan’s SoftBank Group Corp…
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Quicko, a Brazilian smart mobility startup working on commuter transit, raised US$10m from CCR, a Brazilian infrastructure conglomerate, and J2L Partners. (StartSe) Simplificar o trajeto dos paulistanos é o objetivo…
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Urbvan, a transport app providing van-sharing rides along pre-established routes in Mexico City and Monterrey, raised a US$9m round from KaszeK Ventures and Angel Ventures Mexico, with participation from Liil…
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Mutuo Financiera, a Mexican vehicle fleet leasing company focused on clean energy passenger transportation, raised US$100m in debt financing from Crayhill Capital Management to expand its fleet. (Press Release) Mutuo…
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Cabify secured US$70m in structured financing from IDB Invest and Blue Like an Orange Sustainable Capital to support responsible expansion within the region. This is IDB Invest’s first deal supporting digital…
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Mexican e-scooter startup Grin raised a US$45.7m Series A and merged with Ride in Brazil. Lukasz Gadowski, Founder of Delivery Hero, led Grin’s Series A, with participation from existing investors Shasta Ventures, DCM, SV Angel, Trinity Ventures, monashees, and Base10 Partners. Grin raised an undisclosed seed round from monashees, Sinai Ventures, Liquid2 Ventures, 500 Startups, Base10 Partners, Y Combinator and others in early 2018, and was part of the YC Spring 2018 cohort.
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