Deals ▸ Neon, a Brazil-based digital financial services company, raised a ~USD38m round from undisclosed investors. Neon raised a USD64m round in December 2023; BBVA led a USD300m Series D in February 2022; General Atlantic led a USD300m Series C in September 2020. ▸ Oak HC/FT led a USD35m Series B for Cobre, a Colombia-based corporate treasury management platform, with follow-on from KASZEK, QED Investors and Canary. KASZEK led a USD13m round in June 2023; QED Investors and Atlantico co-led a USD14m Series A in February 2022. ▸ CVC | PayPal Ventures led a USD15m Series A for Ume, a Brazilian PIX-based lending platform. Canary and NFX led a USD5.5m round and Ume secured USD4.5m in debt in April 2022. ▸ Moore Capital led a ~USD12.5m Series C+ for Gringo, a Brazilian car documentation management platform. Valor Capital Group led a USD30m Series C in September 2023; Gringo raised a ~USD38m Series B led by Vostok Emerging Finance in March 2022 and a USD8m round led by KASZEK in November 2021. ▸ CLEANTECH | Bia Energy, a Colombian real-time energy consumption analytics platform for SMEs, secured a USD10m credit line from BBVA Spark. KASZEK led a USD16.5m round in October 2023; Canary led a USD6m pre-seed round in July 2022. ▸ Haymaker Ventures led a USD8.5m Series A for AltScore, a Mexico-based alternative credit score generator for the underbanked population, with participation from BuenTrip Ventures, Caffeinated Capital, FarOut Ventures, TechStars and follow-on from Kamay Ventures. Kamay Ventures invested in December 2022; Overboost.vc invested USD50k in January 2021. ▸ HEALTHTECH | Canary and K50 Ventures co-led a ~USD4.4m round for Arvo, a Brazil-based healthcare payments platform, with participation from Latitud, Preface and Endeavor Scale-Up Ventures. ▸ White Star Capital and North Island Ventures co-led a USD3m seed round for Etherfuse, a Mexico-based bond tokenization startup, with participation from Fuse Capital, Stellar Development Foundation, FunFair Ventures, Department of XYZ and others. ▸ Inventus Capital Partners and SVQuad co-led a USD2.6m seed round for Mercately, an Ecuador-based e-commerce solutions software, with participation from Techstars, Salkantay Ventures and BuenTrip Ventures. ▸ Puntored, a Colombia-based financial services startup for the underbanked, raised USD2m from Stellar Development Foundation. The SEAF Colombia Agribusiness Fund (SCAF), USAID and DFC invested in Puntored in September 2022; Deetken Impact invested in February 2020. READ Deetken Impact | Puntored LAVCA Deal Case Study ▸ FOODTECH | ERGO, an Argentine plant-based food startup, raised a USD2m round from undisclosed investors. ▸ FOODTECH | Cellva Ingredients, a Brazilian developer of next-generation nutrients for the food industry, raised a ~USD1.5m round with participation from Proveg, Rumbo Ventures, AirCapital, Fundepar and EA Angels. ▸ PROPTECH | Magma Partners led a ~USD970k pre-seed round for Plaza, a Brazil-based operational solutions platform for the real estate market. ▸ HEALTHTECH | PyscoAI, a Brazil-based automation platform for the healthcare industry, raised a ~USD440k round with participation from dr.consulta, Ricardo Bottas (Amil) and Paulo Chapchap (Hospital Sírio-Libanês). ▸ DOMO.VC led a ~USD300k round for Basemaker, a Brazilian adtech for content creators. ▸ Atta Impact Capital invested in Vitrinnea, an El Salvador-based e-commerce marketplace for secondhand goods. Caricaco invested in March 2023. |