AwayFind Raises $800,000 in Seed Funding

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(TechCrunch) October 12, 2011 – Email productivity tool AwayFind announced that it has closed its seed round of $800,000, led by 500 Startups and CAP Ventures, with participation from several angels, including Ben Lilienthal, Anton Sutton and Amir Banifatemi. Read more

Neuberger Berman opens Buenos Aires office

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(AltAssets) October 5, 2011 – US asset manager Neuberger Berman (NB) has opened an office in Buenos Aires, Argentina, the firm’s first in Latin America. Read more

Member Profile: An Interview with Carlos García, Victoria Capital Partners

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Member Profile: An Interview with Carlos García, Victoria Capital Partners

Carlos Garcia, Founding Partner & CEO of Victoria Capital Partners, shared insights into the recently formed firm and the keys to building a strong regional investment team. Read more

HUNT Mobile Ads closes second round of investment

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(HUNT Mobile Ads) September 19, 2011 – HUNT Mobile Ads, the regional leader in mobile advertising on websites and applications, and the first Latin American company to develop this business model, announced that it has completed its second round of funding led by Cap Ventures and Enzyme Venture Capital. Read more

Bow Private Equity Announces Operations in Argentina

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(Bow Private Equity Investors) September 2011 – Bow private equity investors (Bow) announced the start of its operations in Argentina. Bow is an independent private equity firm focused on investments in small to medium size companies, targeting investments of up to USD$20M. Read more

Advent Invests In Argentina’s Laboratorio LKM

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(Advent International)  August 19, 2011 – Advent International, the global private equity firm, announced that it has agreed to make a strategic investment in Laboratorio LKM S.A. (LKM), a leading specialty pharmaceutical manufacturer in Argentina. Read more

Globant Acquires Mobile-Focused Nextive

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(peHUB) August 2, 2011 - Globant, a Buenos Aires-based IT company has acquired the San Francisco-based social software developer to expand its footprint in the U.S. Terms of the deal were not disclosed.

In March, Globant raised $15 million from Riverwood Capital and FTV Capital. It has raised roughly $35 million altogether and intends to raise more through an IPO next year. Read more

IFC and IFC ALAC Fund Invest $48M in Medanito to Increase Oil and Gas Production in Argentina

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(IFC) July 28, 2011—IFC, a member of the World Bank Group, and the IFC African Latin American and Caribbean Fund are making a $48 million equity investment in Argentina’s Medanito to support the company’s expansion plans to increase oil and gas production Read more

Entrepreneur Profile: An Interview with Andres Alterini, Smowtion

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Entrepreneur Profile: An Interview with Andres Alterini, Smowtion

Andres Alterini, CEO of Smowtion, recently sat down with the Latin America PE/VC Report to discuss building a global company from Argentina. Read more

LAVCA Participates in Buenos Aires Futura

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LAVCA Participates in Buenos Aires Futura

Ariel Muslera, Regional Advisor at LAVCA, recently participated on a panel at Buenos Aires Futura, an event organized by the city government of Buenos Aires to facilitate discussions about the growing importance of technology and innovation. Panels explored topics ranging from the impact of technology on social interaction and economic development to opportunities for education and entrepreneurs.

Ariel, along with panelists Diego May (Junar), Inaki Berenguer (Pixable), Fernando Martinez Lafuente (CIC Consulting Informatico) and Alejandro Marshad (Endeavor), led a lively conversation about Innovation, Entrepreneurs and Economic Development, noting that as the playing field levels between emerging and developed economies, there is immense opportunity for entrepreneurship to be a bigger driver of economic development in Latin America.

“The challenge is to be able to think big and not limit the potential of a startup because of short term needs. For that, it is fundamental to grow the early stage VC ecosystem in Latin America, so that companies can focus on developing compelling products instead of paying next month’s rent,” said Muslera.

The panelists also agreed that the single, most valuable thing a startup team can show to a potential investor is a cohesive, complementary team that not only has a vision but, more importantly, has the skills and the experience to successfully execute that vision.

To view videos from the event, please click here.