L Catterton Announces US$150m Private Placement for NYSE-Listed Despegar.com

(Press Release) L Catterton has announced a private placement investment of US$150m in NYSE-listed Despegar.com, an online travel agency in Latin America. The investment is expected to close in September 2020 and is subject to customary closing conditions. The travel company began trading on the NYSE in 2017. Read more

IDB to Invest up to US$30m in Kandeo 3D Fund

(Press Release) IDB Invest has agreed to invest up to US$30m in Kandeo 3D, a private debt fund managed by Kandeo Investment Advisors that will provide financing to mid-sized companies in Mexico, Colombia, and Peru. Read more

Crescera to Invest R$305m in Brazilian Funeral Services Provider Grupo Zelo (em português)

(Brazil Journal) Crescera Capital has agreed to invest up to R$305m in Brazil-based funeral services provider Grupo Zelo. Read more

Pátria Private Equity VI Acquires 20% Stake in Ultra 

(Nasdaq) Blackstone-backed Pátria, through its Private Equity VI fund, has acquired a 20% stake in Ultra SA, a Brazil-based conglomerate operating in sectors ranging from fuel distribution and specialty chemicals production to pharmacies. Read more

ACON Investments Acquires Sola de Antequera

(Press Release) ACON Investments has completed the acquisition of a majority stake in Sola de Antequera SA, a producer, processor, and distributor of premium preserved and canned vegetables. The amount of the transaction was undisclosed. Read more

Waha Capital to Invest US$50m in Argentine Traveltech Despegar.com

(Press Release) Waha Capital has agreed to invest US$50m in Argentina-based online travel company Despegar.com via a private placement. Read more

Jive Increases Stake in Viver Incorporadora by 5.81% (em português)

(Money Times) Jive Investments increased its stake in Brazilian real state company Viver Incorporadora (VIVR3) by 5.81% (~R$51.8m). In 2018, Jive became the company's main shareholder via an exit from Paladin Prime Residential Investors. Read more

Insight Partners Leads US$118m Series B in MURAL

(Press Release) Insight Partners led a US$118m Series B in MURAL, a US-based visual collaboration software enterprise platform with operations in Argentina, with participation from Tiger Global, Slack Fund, and World Innovation Lab, and follow-on from Gradient Ventures. Read more

Finsocial Raises US$20m in Debt Financing from Swiss Impact Fund Symbiotics

(Contxto) Swiss impact fund Symbiotics provided US$20m in debt financing to Finsocial, a Colombian consumer lending platform for teachers and pensioners. Read more

SP Ventures Reaches US$17.2m First Close for Latin American Agfoodtech Fund

(AgFunderNews) SP Ventures reached a US$17.2m first close for its Latin America-focused agfoodtech fund. Read more

B Capital Group Leads US$15m Round in Yalochat

(TechCrunch) B Capital Group led a US$15m Series B in Yalochat, a Mexican conversational customer service management platform that runs on WhatsApp and Facebook Messenger, with participation from Sierra Ventures. Read more

Gradient Ventures Leads US$14m Series A in Mexican Challenger Bank Fondeadora

(TechCrunch) Gradient Ventures led a US$14m Series A in Fondeadora, a Mexican open banking platform co-founded by Norman Muller and Rene Serrano in 2011, with participation from Fintech Collective, Sound Ventures, and Y Combinator, and follow-on from IGNIA Partners. Read more

Felicis Ventures Leads US$12m Series A in Financial Advisor Platform Origin (em português)

(Startupi) Felicis Ventures led a US$12m Series A in Origin, a US-based financial advisor platform for company employees co-founded by the Brazilian João de Paula, former founder of Brazilain e-commerce platform Glio. Read more

Accial Capital Invests US$10m in Debt Financing in Aflore

(Press Release) Accial Capital has invested US$10m in debt financing in Aflore, a Colombian lending platform focused on microentrepreneurs and the underbanked. Read more

Inspired Capital Leads US$10m Series A in Colombian Proptech Habi

(TechCrunch) Inspired Capital led a US$10m Series A in Habi, a Colombian proptech employing the iBuyer model for middle-class residential real estate, with participation from 8VC, Clocktower, and Vine Ventures, and follow-on from Homebrew and Zigg Capital. Read more

Redpoint eventures Leads US$5m Round in Computer Vision CyberLabs

(Contxto) Redpoint eventures led a US$5m round in CyberLabs, a Brazilian computer vision and voice recognition technology developer founded by Movile Co-Founder Marcelo Sales. Read more

DOMO Invests R$10m in 100 Open Startups (em português)

(Fusões & Aquisições) DOMO Invest invested R$10m in 100 Open Startups, a Brazilian open innovation platform connecting corporate and early-stage startups. Read more

Astella Investimentos Leads US$1.6m Round in Consumer Insights Platform Birdie

(Press Release) Astella Investimentos led a US$1.6m round in Birdie, a Brazilian data analytics and market research platform for consumer packaged goods (CPG) brands. Read more

Good Growth Capital Leads US$1.2m Seed Round In Civic Engagement Platform Irys

(Contxto) US-based VC fund Good Growth Capital led a US$1.2m seed round in Irys, a Mexican platform for civic engagement with local governments, with participation from Arcadis, Techstars Ventures, and City Rise Ventures. Read more

Endurance Investments and NOA Capital Invest US$1m in The Live Green Co.

(Contxto) Chilean VC fund Endurance Investments and Mexico’s NOA Capital invested US$1m in The Live Green Co, a Chilean foodtech developing plant-based alternatives to replace animal-based products. Read more

Pátria’s Infrastructure Fund IV Raises R$10b

(Reuters) Pátria Investimentos has reached a R$10b final close for its Infrastructure Fund IV. The fund will target investments in infrastructure, with a focus on logistics, energy, and telecoms, across Latin America. Read more

Peninsula Investments Group Closes Fourth Real Estate Latin American Fund for US$150m

(Press Release) Peninsula Investments Group closed fourth real estate Latin American Fund, Peninsula LatAm IV, for US$150m. The fund will provide equity and debt financing to projects targeting growing middle class and real estate opportunities under distress. Read more

I Squared Capital to Exit Orazul Energy Perú via Strategic Sale to ISA for US$158.5m

(Press Release) I Squared Capital has exited Orazul Energy Perú, owner of companies Etenorte and Eteselva, which operate six transmission lines in Peru, via a US$158.5m sale to ISA Group. Read more

Mubadala and Magni Partners Receive Approval from CADE to Acquire Drilling Rigs (em português)

(Valor Econômico) Mubadala Investment Company and Magni Partners received approval from CADE to acquire four drilling rigs from Sete Brasil. Read more