> #PROPTECH monashees and Class5 Global led a US$8.8m investment in TrueHome, a Mexican real estate platform, with participation from FJ Labs and follow-on from Mountain Nazca. This is Class 5’s first known investment in Mexico.
> Aurus and ChileGlobal Ventures (through its CLIN fund) made a US$3.8m investment in TIMining, a Chilean intelligent mining platform. CEO Nicolás Jubera plans to use the new funding to expand globally.
> #IMPACT Adobe Capital made an undisclosed investment in Puntored, a Colombian digital payments platform.
> Barn Investments made an undisclosed investment in Smilink, a Brazilian orthodontics startup.
- Moons, a Mexico-based orthodontics startup, raised US$5m from Jaguar Ventures, Foundation Capital, Tuesday Capital, and others earlier this year.
> #PROPTECH Mexican proptech Multiburó raised US$700k from Mexico’s development bank, NAFIN, as well as angels in the real estate sector. This is the startup’s first institutional financing.
> #PROPTECH #ANGEL Brazilian proptech AoCubo raised R$1.2m from Brian Requarth (VivaReal) and Simon Baker.
> DOMO Invest made a R$2m investment in AtivUp, a Brazilian platform connecting companies with event marketing professionals.
> Puerto Rican accelerator Parallel18 will invest US$75k in DataWifi (Colombia) and CINCO (Puerto Rico).
> CORRECTION: BTG Pactual did not participate in Vai.Car’s most recent R$380m round led by XP, as indicated in the March 4 newsletter.
> VC investment in Latin American startups has quadrupled since 2016 to a record US$2b in 2018, according to LAVCA data. Access LAVCA’s Annual Review of Tech Investment in Latin America for the details.