> Brazil-based internet holding Movile raised USD200m in follow-on financing from Prosus Ventures to expand iFood (food delivery), MovilePay and Zoop (fintech), and Mensajeros Urbanos (logistics).
> #LASTMILE JOKR, a Berlin-based last-mile retail delivery platform founded by SoftBank alum Ralf Wenzel, raised a USD170m Series A led by GGV Capital, Balderton Capital and Tiger Global. JOKR’s Latin American presence includes Sao Paulo, Mexico City, Bogota and Lima.
- JOKR raised an undisclosed round from SoftBank, HV Capital and Tiger Global earlier this year.
> #DIGITALSECURITY General Atlantic and SoftBank led a ~USD125m round for unico, a Brazilian digital identity protection platform, with participation from Big Bets and Micky Malka (Ribbit Capital), at a reported USD1b+ valuation.
- unico is the newest addition to LAVCA’s Unicorn Leaderboard.
- unico raised a ~USD116m round from SoftBank and General Atlantic in 2020, and acquired Vianuvem, a Brazilian enterprise software platform for car sales, earlier this year.
> SoftBank led a ~USD116m Series C for Omie, a Bazilian ERP for SMEs, with participation from Dynamo, VELT, Hix Capital, Bogari Capital and Brasil Capita, and follow-on from Riverwood Capital and Endeavor Catalyst.
- Riverwood Capital made a USD20m Series B in 2019; Astella Investimentos led a ~USD5m round investment in 2018.
> #EDTECH General Atlantic led a USD70m Series B for Crehana, a Mexico- and Peru-based upskilling platform for corporates and retail consumers. Mountain Nazca and Acumen Latam Capital Partners also recently invested.
- This is the second largest known round for a Latin American edtech startup after Brazilian edtech Descomplica raised a USD84.5m round led by Invus Opportunities and SoftBank in February.
> #PROPTECH Acrew Capital and Renegade Partners led a USD50m round for La Haus, a Colombian residential real estate platform, with participation from Bezos Expeditions, Moore Strategic Ventures, TIME Ventures, and follow-on from KASZEK, Greenspring Associates, NFX, 75 & Sunny Ventures.
- Angels Simón Borrero (Rappi), Maluma and Gabriel Gilinski (Banco GNB), Hadi Partovi (Code.org) and David Velez (Nubank) also participated.
- Greenspring Associates led a USD35m Series B earlier this year; KASZEK led a USD10m Series A in 2020.
> #UNICORN Insight Partners and Tiger Global led a USD50m Series C for MURAL, a US-based visual collaboration software enterprise platform with operations in Argentina, at a reported USD2b valuation. MURAL was co-founded by Argentine Mariano Suarez-Battan.
> IDC Ventures, Digital Bridge and IDB Invest led a USD50m Series C for Colombian grocery delivery platform Merqueo, with participation from MGM Innova Group, Celtic House Venture Partners and Palm Drive Capital.
- Portland Private Equity led a USD14m round in 2019.
- Merqueo launched a marketplace for third-party sellers and expanded its product offering to include pets, pharma and liquor in 2020 and launched ten-minute deliveries earlier this year.
> #CROSS-BORDER Brazil-based Nubank, Global Founders Capital, Sequoia Capital and Matrix Partners India led a USD45m Series B for India-based neobank Jupiter.
> KASZEK led a USD30m round for Xepelin, a Chilean accounts receivable-based lending platform for SMEs, with participation from Cathay Innovation; MSA Capital, FJ Labs and Gilgamesh Ventures, and follow-on from Picus Capital, Kayyak Ventures and Amarena.
- Angels Carlos Garcia (Kavak), Jackie Reses (Square Capital), Ricardo Weder (Jüsto), John Curtius (Tiger Global), Hans Tung (GGV) and Gerry Giacoman (Clara) also participated.
- #DEBT The round also included USD200m in credit facilities.
- Xepelin raised USD2.5m earlier this year from Picus Capital, Chile Ventures and Amarena; Impact Ideas VC led a USD2.5m round in 2020.
> SoftBank led a ~USD30m Series B for Avenue Securities, a US-based investment brokerage bridging US opportunities with Brazilian retail investors, with follow-on from Igah Ventures, which invested in 2020.
- #M&A Avenue acquired Brazilian securities distributor Coin in 2020.
> #CIRCULARECONOMY J Ventures, FJ Labs and Rise Capital led a ~USD23m Series B for InstaCarro, a Brazilian car marketplace connecting owners of used cars to dealerships, with participation from Spanish investors All Iron Ventures and Big Sur.
> #CVC Construction materials company Duratex invested ~USD20.6m in ABC da Construção, a Brazilian construction finishing company.
- Redpoint eventures, Spectra and FIR Capital invested ~USD23m in 2020.
> monashees and Base10 Partners led a USD20.4m Series A for Yaydoo, a B2B Mexican vendor payment automation platform, with participation from SoftBank and LEAP Global Partners.
> #CROSS-BORDER #CVC monashees and Spark Capital led a USD20m Series A for Nomad, a Brazilian fintech offering US checking accounts for Brazilian residents, with participation from Propel, GFC, Abstract, Vast, ONEVC and Globo Ventures.
- monashees led a ~USD6m round in 2021 earlier this year.
> #HRTECH US-based VC Thrive Capital led a USD20m Series A for Pipo Saúde, a Brazilian employee health plan management platform, with participation from Atlantico and follow-on from monashees, KASZEK, ONEVC and angels David Velez (Nubank) and Florian Otto (Cedar).
- Pipo raised USD4.6m from monashees, KASZEK and ONEVC in 2020.
> #CRYPTO #CVC Kingsway Capital led a USD16.3m Series A for Lemon, an Argentine crypto banking platform, with participation from Valor Capital Group, Draper Associates, Cadenza Ventures, Amagis Capital, Coinbase Ventures, Borderless Capital, Reserve, Draper University Ventures, Celo, Grupo Supervielle and Andrés Bilbao (Rappi), and follow-on from Draper Cygnus.
> #EDTECH monashees led a USD13.5m Series A for Coderhouse, an Argentine data science and app development education platform, with participation from YC and angels David Velez (Nubank) and Guillermo Rauch (Vercel).
> #CROSS-BORDER Quona Capital led a USD12m Series A for Global66, a Chilean cross-border payments platform, with participation from Magma Partners and Clocktower Technology Ventures, and follow-on from Venrex Investment Management.
- Global66 raised a USD3.25m round led by Venrex Investment Management in 2020.
> #HRTECH Valor Capital Group, Caravela Capital and Volpe Capital led a USD8m round for Caju, a Brazilian employee benefits management platform, with participation from Picus Capital, FJ Labs and Clocktower Technology Ventures.
- Canary and Valor led a USD2.5m round in 2020.
> #INSURTECH Cometa and F-Prime Capital led a USD5.8m seed round for Guros, a Mexican car insurance marketplace, with participation from Clocktower Technology Ventures and Insurify, and follow-on from LEAP Global Partners and Magma Partners.
> KASZEK led a USD5.25m round for Aplazo, a Mexican payment platform enabling buy-now-pay-later systems for e-commerce brands, with participation from Picus Capital and Woodson Capital.
> ALIVE led a USD3m+ round for Finaktiva, a Colombian credit and factoring platform for early-stage startups and scaleups, with participation from Switzerland-based investor Conny & Co AG, Trinity Capital, Invictum Capital and Andeo.
- #DEBT The round also included USD5m+ in debt financing from Yunus Social Business and Bancoldex.
> #HEALTHTECH Axenya, a Brazilian digital therapy platform for patients with diabetes, heart disease and mental health challenges, raised a USD3m round from Alexia Ventures, Big Bets and Igah Ventures.
> #DEBT BTG Pactual’s BoostLab invested ~USD2.4m in venture debt in Insider Store, a Brazilian e-commerce sportswear and underwear brand.
> #CVC Olaclick, a Peru-based digital menu and order placement platform for independently operated restaurants with operations in Mexico and Brazil, raised a USD2m seed round from Angel Ventures Mexico, AC Ventures, YC, Graph Ventures, SeedStars and MSA Capital.
> #EDTECH #PE XP Investimentos acquired a minority stake in Resilia, a Brazilian education platform for high school and college education.
> KPTL, ABseed and angels invested ~USD640k in GoCache, a Brazilian backend application management platform for SMEs.