Venture Capital News
Argentine Spacetech Satellogic Goes Public Via SPAC Merger (TechCrunch) Argentine 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 USD100m PIPE investment from SoftBank and Cantor Fitzgerald. Read more
SoftBank Invests USD200m in Brazilian Bitcoin Exchange Mercado Bitcoin (en español) (Press Release) SoftBank invested USD200m in Brazilian bitcoin exchange Mercado Bitcoin, at a reported USD2.1b valuation. Read more
Movile Invests ~USD34m in Brazilian Fintech Platform Zoop (em português) (Istoe Dinheiro) Movile invested ~USD34m in Zoop, a Brazilian white label fintech platform for startups and SMEs. Read more
Tiger Global Leads USD22m Series B for Brazilian Corporate Benefits Platform Flash (em português) (Startupi) Tiger Global led a USD22m Series B for Flash, a Brazilian on-demand corporate benefits provider for executives, with participation from Citius and Kauffman Fellows and follow-on from monashees and GFC. monashees invested in 2019. Read more
Mouro Capital Leads USD16m Series A for Mexican Freight Platform Nowports (Press Release) Mouro Capital led a USD16m Series A for Nowports, a Mexican automated freight platform, with participation from Foundation Capital, InvestoVC and angel investors Ricardo Weder (Jüsto), Carlos Salinas (Luuna) and Justin Mateen (Tinder) and follow-on from monashees, Base10 Partners, Broadhaven Ventures and Y Combinator. Read more
Luxor Capital Leads USD14.3m Seed Round for Colombian Sales Platform Treinta (en español) (Forbes) NY-based hedge fund Luxor Capital led a USD14.3m seed round for Treinta, a Colombia-based sales and inventory management platform for SMEs, with participation from Goodwater Capital, Y Combinator, First Check Ventures, Outbound Ventures, Soma Capital, FJ Labs, Commerce VC, Rhombuz VC, Acacia Venture Capital, TwentyTwo Ventures, and angel investors Varsha Rao (Nurx) and Raffael Johnen (Auxmoney). Read more
monashees Leads USD10m Series A for Brazilian Proptech Yuca (em português) (Brazil Journal) monashees led a USD10m Series A for Yuca, a Brazilian residential rentals platform, with participation from Foundation Capital and Tishman Speyer, and follow-on from ONEVC. Read more
DILA Capital Leads USD9m Round for Mexican Orthodontics Startup Moons (Press Release) DILA Capital led a USD9m round for Moons, a Mexican orthodontics startup. Moons raised USD5m from Jaguar Ventures, Foundation Capital, Tuesday Capital and others in 2020. Read more
monashees Leads ~USD8m Round for Beauty Salon Platform Gal (em português) (Exame) monashees led a ~USD8m round for Gal, a Brazilian finance, marketing and recruiting platform for beauty salons, with participation from Canary and angel investors Jose Gallo (Renner) and Renato Freitas (99). Read more
ALLVP Leads USD7.2m Series A for Mexican Insurtech Super.mx (TechCrunch) ALLVP led a USD7.2m Series A for Super.mx, a Mexican insurtech providing COVID-19, life, and earthquake insurance, with participation from Goodwater Capital, Kairos Angels and Bridge Partners and angel investors Joe Schmidt IV (Accel) and Kyle Nakatsuji (Clearcover). Read more
Nexodata Raises ~USD7m Round from MELI Fund, Floating Point, FIR Capital and Others (em português) (Brazil Journal) Nexodata, a Brazilian drug prescription and clinical exam scheduling platform, raised a ~USD7m round from Mercado Libre’s MELI Fund, Floating Point, FIR Capital, Albert Einstein Hospital, and the family office of Guilherme Benchimol. Read more
Cadonau Investimentos and Astella Investimentos Lead ~USD6m Series A for Brazilian Proptech Livance (em português) (Startupi) Cadonau Investimentos and Astella Investimentos led a ~USD6m Series A for Livance, a Brazilian on-demand office space provider for health professionals, with participation from Terracotta Ventures, Green Rock and Mago Capital. Read more
Valor Capital, Canary and Wayra Invest USD5m in Brazilian Edtech Alicerce Educação (em português) (Startupi) Alicerce Educação, a Brazilian network of education centers which provide afterschool educational programs to children of low- and middle-income families, to supplement students in the public school system living in city peripheries, raised a USD5m seed extension from Valor Capital Group, Canary and Wayra. Read more
Y Combinator Leads USD2.5m Round for Brazilian Fintech Conta Simples (em português) (NeoFeed) Y Combinator led a USD2.5m round for Conta Simples, a Brazilian finance management platform enabling SMEs to issue corporate cards to manage supplier payments. Read more
Turim Leads ~USD2.4m Round for Brazilian Retail Investment Platform Guru (em português) (Startupi) Multi-family office Turim led a ~USD2.4m round for Guru, a Brazilian retail investment platform, with participation from Discovery Ventures, SumUp, Norte Ventures and angels from iFood and Gympass. Read more
Inovabra Ventures Invests ~USD2m in Brazilian Intelligence Platform Developer Developer 4intelligence (em português) (Brazil Journal) Bradesco’s Inovabra Ventures invested ~USD2m in 4intelligence, a Brazilian analytics platform enabling corporates to develop predictive models to map consumer demand, as part of a USD5m seed round expected to close in September. Read more
Brazilian Fintech Cora Raises ~USD1.8m from Employees (em português) (Startupi) Cora, a Brazilian lending platform for SMEs, raised ~USD1.8m from its employees at the same terms offered to Ribbit Capital, KASZEK, Greenoaks and QED Investors when they participated in the USD26.7m round in April. Read more
Parceiro Ventures Leads ~USD1.7m Round for Brazilian Corporate Travel Platform Paytrack (em português) (Baguete) Parceiro Ventures led a ~USD1.7m round for Paytrack, a Brazilian invoice and corporate travel management platform. Read more
Brazilian Recruiting Platform Rocketmat Raises ~USD1.6m (em português) (Exame) Rocketmat, a US- and Brazil-based recruiting and employee retention platform for large companies and institutions, raised a ~USD1.6m round from DOMO Invest, Alexia Ventures and Sound Money Ventures. Read more
Canary Leads USD1.4m Round for Brazilian Subscription Management Platform Lastlink (em português) (Startupi) Canary led a USD1.4m round for Lastlink, a Brazilian community and subscription management platform for content creators, with participation from Graph Ventures and angel investors Israel Salmen (Meliuz), Marcela Rezende (MadeiraMadeira) and Gustavo Caetano (SambaTech). Read more
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