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.
FIS Ameris, a new social impact fund, made its inaugural investment in Chilean carpooling app Allride. (Economía y Negocios) Lanzado oficialmente a mediados del año pasado, FIS Ameris, el fondo…
DILA Capital and Mountain Nazca led a MXN$16m investment in shared transportation startup Urbvan. (SUMTV) Urbvan, empresa de transporte colectivo privado, cerró una ronda de inversión por 16 millones de…
KaszeK Ventures’ Guichê Virtual, a Brazilian startup which specializes in online bus ticket sales, will acquire G&M Soluções for an undisclosed amount. (Estadão) A startup Guichê Virtual, com foco em…
Previous investors Rakuten, Seaya Ventures, and AngelList have invested US$100m in Cabify, a Madrid-based, VARIV Capital portfolio company and ride-hailing app with a presence in 30 cities in Latin America.…
Mexican private equity firm Discovery Americas has raised MXN$780m out of a MXN$3.9b target with the issuance of its CKD to finance transportation and logistics projects as well as projects…
Brazilian airline Azul Linhas Aéreas Brasileiras has raised US$571.2m in an initial public offering in the US and Brazil. Investors in Azul include TPG Growth. (WSJ) SÃO PAULO— Azul Linhas Aéreas…
Cabify, the transportation app with a presence in 11 Latin American countries and Spain, announced plans to invest US$200m in Brazil to fortify its presence in the country. Investors in…
The Brazilian House of Representatives, Câmara dos Deputados, will vote on whether or not to impose federal regulation on the passenger transportation app, Uber. (Valor Econômico) A Câmara dos Deputados…
Bradesco, a fund focused on strategic investments in start-ups in Brazil and abroad, selected tech consulting business Semantix, and freight services provider Rede Frete Fácil to receive investments for an…