> #LOGISTICS CapSur Capital led a ~USD205m round for Brazil-based delivery logistics unicorn Loggi, with follow-on from monashees, SoftBank, GGV, Microsoft and Sunley House at a reported USD2b valuation.
> Miami-based IDC Ventures and Madrid-based Fuel Venture Capital led a USD70m Series C for RecargaPay, a Brazilian mobile payments platform, with participation from ATW Partners, Lun Partners and Experian Ventures.
- TheVentureCity, the IFC and Ventech led a USD22m round in 2018.
> #EDTECH SoftBank Latin America made an undisclosed investment in UOL Edtech, a Brazilian B2B edtech developing MBA and post-graduate courses for higher education institutions and corporate training programs.
> Lightspeed Ventures led a USD32.5m Series B for Stori, a Mexican credit card issuer, with follow-on from Vision Plus Capital, BAI Capital and Source Code Capital.
- Bertelsmann Investments and Source Code Capital led a USD10m Series A in 2020.
- This is Lightspeed’s second known investment in the region after Dolado.
> #CVC Banco BV invested BRL100m in Trademaster, a Brazilian credit platform for small retailers.
> FinTech Collective led a USD14m Series A for minu, a Mexican payroll platform providing Mexican employees access to their earned wages, with participation from VEF, XYZ Ventures, FJ Labs, Tom Gonser (DocuSign) and Mike Dinsdale (Gusto), and follow-on from QED Investors, Next Billion Ventures and Village Global.
- The round included USD2.5m in debt financing from Banco Sabadell Mexico.
- minu’s first funding was a USD6.5m round in 2019.
- minu’s clients include Rappi and Telefónica.
> Leo Capital, FJ Labs, alpha4 Ventures and Meesho invested USD6m in Elenas, a Colombian e-commerce platform connecting wholesalers with independent retailers.
- alpha4 Ventures, Amador Holdings, Polymath Ventures and Meesho invested USD2m in 2020.
- Elenas will continue to expand in Colombia, with plans to launch in Mexico and Peru next.
> Angel Ventures and Mountain Nazca led a USD4.2m Series A for Colektia, a Chile-based enterprise debt collection platform, with follow-on from Kayak Ventures, Devlabs and Fen Ventures.
> Canary led a USD1.5m round for Flourish, a US-based savings rewards platform with customers in the US, Bolivia and Brazil, with participation from Xochi Ventures, First Check Ventures, Noveus VC, GVAngels and angels Brian Requarth (Latitud), Rodrigo Xavier (Bank of America) and Beth Stelluto (Charles Schwab).
- Flourish develops gamified solutions to help fintechs and traditional banks incentivize their end consumers to increase their savings.
> Astella Investimentos invested BRL7m in Sled (formerly Troco Simples), a Brazilian end-to-end payments and financial management platform connecting retailers, banks and consumers.
> #HEALTHTECH Positive Ventures invested BRL6.5m in Neomed, a Brazilian electrocardiogram and clinical lab reports management platform, with participation from IKJ Capital, Provence Capital and Ricardo Villela (Itaú).
> Singular Partners invested BRL5m in Washout Lavanderia, a Brazilian marketplace for on-demand laundry services.
> #AGTECH #CROWDFUNDING Pink Farms, a Brazilian vertical farming platform, raised BRL4.8m through crowdfunding platform SMU Investimentos.
- SP Ventures and Capital Lab Invested BRL2m in 2019.
- Pink Farms' pilot farm is in São Paulo.
> #PROPTECH Neivor, a Colombian rental management platform, raised USD600k from Magma Partners, Brian Requarth (Latitud), Miguel McAllister (Merqueo) and Daniel Bilbao (Truora).
> #CVC Randon Ventures, the CVC arm of Brazilian railroad equipment manufacturer Empresas Randon, invested BRL2.5m in Abbiamo, a Brazilian route optimization platform for last-mile delivery.
> #CROWDFUNDING #AGTECH SuperOpa, a Brazilian produce marketplace connecting wholesalers with soon-to-expire products with consumers, raised BRL2.3m through crowdfunding platform SMU Investimentos.
> #INDUSTRIALTECH Tractian, a Brazilian industrial equipment maintenance management platform, raised BRL2m from Y Combinator, Norte Ventures and angels Michael Lehmann (Volkswagen), Parker Treacy (Cobli) and Eduardo Nadelman (Stone).
> #EDTECH #ANGEL Awari, a Brazilian edtech offering data science, product and design courses, raised BRL2m from undisclosed angel investors.
> #HEALTHTECH Brazil-based user research company Taqtile invested BRL1.1m in Vigilantes do Sono, a Brazilian sleep monitoring and enhancement mobile application.
> #CLEANTECH ATMOSPHERE, a Brazilian in-home electricity management system, raised BRL500k from Cotidiano Aceleradora and others.
> #HEALTHTECH #ANGEL Sou Sports App, a Brazilian fitness and nutrition platform, raised BRL300k from undisclosed investors.
> #SPACETECH #ANGEL Anjos do Brasil invested BRL750k in Quiron, a Brazilian data analytics platform leveraging satellite data for forest threat management and fire prediction.
> #AGTECH KPTL made an undisclosed investment in Agrisolus, a Brazilian poultry management platform.
> Brazilian e-commerce platform olist made an undisclosed investment in nocnoc, a Brazilian e-commerce platform for the sale of foreign products in Latin American marketplaces.
- READ LAVCA’s interview with olist Founder and CEO Tiago Dalvi.
> Cora, a Brazilian fintech lending platform for SMEs, raised an undisclosed round from its employees.
- Employees were able to participate in the round at the same terms and price agreed during the USD10m round led by KaszeK Ventures in 2019.
> Electronic payment platform 3PTEC Brasil made an undisclosed investment in Rede Celer, a Brazilian white label payment integration for fintechs.