Y Combinator made their first Brazilian edTech investment in Quero Educação, a college comparison and scholarship platform.

(Baguete) Brazil’s two largest taxi apps, 99 Taxis and Easy, both of which have received investments from Rocket Internet, Monashees Capital, Qualcomm Ventures and Tiger Global, are negotiating merger to withstand Uber’s…

Brazilian internet pioneer Paul Humberg’s fund A5 Investimentos, which has invested in six startups, acquired VC fund W7.

(Valor Econômico) Ribbit Capital has made an investment in Brazil’s Ideal Invest, which provides financing solutions for the education sector. Ideal Invest is a portfolio company of Victoria Capital and…

(Verus Group) Verus Group, an angel network in São Paulo, made an undisclosed investment in Omie, an ERP platform targeting small businesses. O Verus Group investiu recentemente na Omie, um sistema…

Finep invested R$15m in BrPhotonics, a Brazilian provider of high-speed optical communication systems.

Redpoint e.ventures invested an undisclosed amount in Olist to purchase 20% of the startups’ equity. Olist previously raised US$835k and participated in 500 Startups’ acceleration program.

(Startupi) Agar, a corporate group with over 80 years in Brazil, has announced the launch of a its new corporate venture fund, Algar Ventures. The initiative aims to bring businesses,…

Rappido, Movile’s on-demand delivery and distribution service, is gaining traction in Mexico on the heels of a merger with 99Motos, Rappido’s Brazilian competitor, earlier this year. Via TechCrunch: In Mexico,…

(Baguete) XBW, an online business supplier network and provider, has a R$1m investment from a group of Brazilian investors. A XBW, plataforma de negócios online destinada a intermediar o contato entre…

Movile and Just Eat injected another US$30m into iFood, the leading online food ordering platform in Latin America, just a year after a US$50m Series E. The funds will be used to expand its operations and establish a presence in Mexico by acquiring a portion of SinDelantal. Movile, in turn, raised a US$40m Series F last month from Naspers and Innova Capital.

(Converge.com) CVentures Primus, managed by CVentures and CRP Companhia de Participações, invested R$5m in uMov.me, a corporate mobile app platform based in Porto Alegre, Brazil. A startup de software uMov.me…

Agrosmart, an agribusiness company that measures farming in real time, received an investment from the São Paulo innovation fund, Desenvolve SP. The fund manages R$105m and will invest between R$2m…

MercadoLibre purchased Axado, a freight management platform, for R$26m, generating a 4X return for Fundo SC, a Santa Catarina-based fund managed by FIR Capital and BZPlan since 2010. Fundo SC…

(Valor) Porto Seguro has created a new fund, Porto Seguro Capital, focused on education, healthcare, technology, financial services, and consumer in Brazil. Porto Seguro Launches Alternative Investment Arm (em português)…

SP Ventures invested R$2.5m in Agronow, an agtech productivity monitoring platform based in the northeast of Brazil.

(Fortune) U.S. biotech company Monsanto announced a partnership with Microsoft to invest in agricultural technology startups in Brazil via a new Brazilian investment fund. Qualcomm is also investing in the…

(Valor Econômico) Vinci Partners is targeting US$100m in commitments for its debut VC fund, which will make both direct and indirect investments in technology startups in USA, Europe, Israel, and…

(Baguete) Porto Alegre based Aquiris Game Studio received R$1.5m in financing from Banco Nacional de Desenvolvimento Econômico e Social (BNDES). Aquiris is the first company in the electronics and gaming…

Movile, Latin America’s leading mobile commerce platform, announced it has raised US$40m in Series F funding from Naspers through its Naspers Ventures division.

(EXAME) Península Participações has acquired a minority stake in online wine retailer Wine.com.br, which is controlled by e.Bricks Digital. Abilio Diniz was named as a new partner in the firm.…

(Valor Econômico) Brazilian online lending startup BankFacil has received a R$15m series A-II round from new investor Kaszek Ventures and previous backers Redpoint e.ventures and Quona Capital. BankFacil Receives R$15m…

(Baguete) Brazilian Lupeon Ventures received a R$3.5m investment from SP Ventures’ Fundo de Inovação Paulista.

(PEHub) Samba Tech, a distributor of online videos in Latin America, has raised US$3m in funding. The investor is José Augusto Schincariol. The capital will be used to bring the…

(Valor Econômico) e.Bricks Ventures is targeting R$300m for its second fund.

(Baguete) Movile announced an investment of R$13m in ticket startup Sympla. Sympla is Brazil-based digital portal that allows users to create pages to sell tickets for events such as parties,…

(Valor Econômico) InCeres, an agribusiness management system based in Vale do Piracicab, also known as “AgTech Valley,” received an investment of R$2.5m from SP Ventures’ fund Fundo de Inovação Paulista.…

(AG Funder News) Strider, a Belo Horizonte, Brazil cloud-based agriculture software that helps farmers track rainfall and monitor crop health, received US$3m in VC funding by Monashees Capital. Other investors…

(Exame) Brazilian startup InstaCarro, an online platform where users can sell used cars, has received a US$3.5m seed round from Lumia Capital, Tekton Ventures, FJLabs, and a group of angel…

(Press Release) Cedro Capital, a new Brazilian fund, reported a R$50m first close for its debut fund. They are targeting R$100m. A Cedro Capital captou R$ 50 milhões com investidores,…

(Press Release) Curitiba Angels has made an undisclosed investment in DroneMapp, a Brazilian drone precision mapping startup. DroneMapp Receives Seed Investment from Curitiba Angels (em português) was last modified: May…

(Agfunder News) Agrosmart, a service that intends to connect farmers to their crops, has raised a US$1m seed round from Sao Paulo-based venture capital consultant and investor Baita and Brazilian…

(Link-Estadão) Brazilian fintech startup GuiaBolso has received a R$60m Series C funding round from new investor IFC and previous backers Kaszek Ventures, Ribbit Capital, and QED Investors. IFC Invests R$60m…