Oak HC/FT led a USD82m Series C for 99minutos, a Mexico-based last-mile logistics platform for e-commerce vendors, with follow-on from KASZEK and Prosus Ventures. Prosus led a USD40m Series B…

Prosus Ventures and KASZEK invested USD40m in 99 minutos, a Mexican last-mile delivery company for e-commerce platforms. 99 minutos acquired Chilean last-mile delivery startup MuvSmart in 2020; Engie Factory invested in…

Vinci Shopping Centers Real Estate Investment Fund administered by Vinci Partners acquired a 100% stake in shopping mall Prudenshopping in São Paulo for R$199.7m. (N Plus) Em um comunicado de…

99 Minutos, a Mexican ecommerce shipping platform, acquired MuvSmart, a Chilean last-mile delivery startup, for an undisclosed amount. Engie Factory Mexico made a follow-on investment in 99 Minutos as part…

New York, March 5, 2019 – The Association for Private Capital Investment in Latin America (LAVCA) today announced the winners of the 2019 Latin American Private Equity Awards. A panel of institutional investors selected Riverwood Capital for the 2019 Private Equity Deal for their investment in Brazilian ride-sharing service 99.

Engie Factory made an undisclosed investment in 99Minutos, a last-mile logistics startup in Mexico that is backed by 500 Startups.

Didi Chuxing plans to acquire a majority stake in Brazilian rideshare startup 99 for ~US$600m. This officially puts 99 in unicorn territory. Didi and Riverwood Capital invested over US$100m in…

BCM CKD Management, an affiliate of the Black Creek Group, has listed a MXN$3.99b CKD vehicle on the Mexican Stock Exchange (BMV) to make direct and indirect private equity investments…

Japan’s Softbank and Riverwood Capital bought a minority stake in 99 (formerly 99 Taxis), a Brazilian rideshare company, for US$100m. Investors in 99 include Didi Chuxing, Riverwood Capital, monashees+, Qualcomm…

Didi and Riverwood Capital completed an investment in Brazilian car sharing company, 99 (formerly 99 Taxis). (Valor Econômico) O fundo americano de private equity Riverwood Capital se juntou à lista de…

(Valor Econômico) Chinese transportation giant Didi Chuxing led an investment in Brazilian rideshare company 99 (formerly 99 Taxis) of over US$100m. The investment round also included participation from monashees+, Qualcomm…

(Baguete) Brazil’s two largest taxi apps, 99 Taxis and Easy, both of which have received investments from Rocket Internet, Monashees Capital, Qualcomm Ventures and Tiger Global, are negotiating merger to withstand Uber’s…

(NYTimes) 99Taxis is raising US$100m, despite economic and political crises in Brazil.

(Startupi) 99 Táxis receives a new round of investments led by investment firm Tiger Global Management. Also participating in the round is Qualcomm Ventures and Monashees Capital, who already invested…

(IFM Investors) OHL Mexico, one of the leading groups in the infrastructure sector in Mexico, and IFM Investors, a uniquely-structured global fund manager, have signed today a transaction for the…

(Startupi) Incube, the investment fund and developer of mobile applications and technologies, acquired 99Motos, a startup for courier services, for R$3m. The company has since been relaunched as MovMov.it.

(Business Wire) 99designs, the largest online graphic design marketplace in the world, today announced it has acquired LogoChef, one of Brazil’s leading design marketplaces. 99designs has also launched a Portuguese…

READ the latest deal case featuring Dalus Capital’s investment in cleantech, smart resusable packaging provider Algramo.

(Renewables Now) Patria Investments acquired nine run-of-river hydroelectric power plants from London-listed power company ContourGlobal for BRL1.74b. Patria will pay BRL898m for a 100% equity stake in the projects and…

READ the latest deal case featuring Aqua Capital’s investment in high-tech biological agricultural products producer Biotrop

Member Investor: Aqua Capital Company: Biotrop Industry-Sector: Agribusiness READ the latest deal case featuring Aqua Capital‘s investment in high-tech biological agricultural products producer Biotrop   OPPORTUNITY Agricultural biologicals are used to…

Member Investor: Aqua Capital Company: Biotrop Industry-Sector: Agribusiness READ the latest deal case featuring Aqua Capital‘s investment in high-tech biological agricultural products producer Biotrop   OPPORTUNITY Agricultural biologicals are used to…

BTG Pactual and Energea Global agreed to sell a special purpose entity (SPE) that owns Energea Salinas, Energea Pedrinopolis and Energea Tres Pontas to Brazil-based power company Comerc for BRL200m.…

Elevva, an Argentine e-commerce brand developer and aggregator, raised a USD30m seed round from Canary, MatterScale Ventures, Latitud, Asymmetric Capital, Redwood Ventures, Primo Ventures, Norte Ventures and Bolt Ventures. Angels participating…

ACON Investments acquired an undisclosed stake in Brazil-based corporate food service company Sapore. (ACON Investments) (“ACON”) anunciou hoje que afiliadas da ACON Latin America Opportunities Fund V, L.P. (“ALAOF V”)…

Advent International acquired the remaining 49% stake in Argentina-based payments company Prisma for USD350m. Advent first acquired a 51% stake in the company in 2019. (Iprofesional) Finally, the sale of…

Andreessen Horowitz, KASZEK and monashees led a USD10m seed round for Yuno, a Colombian checkout platform, with participation from Nazca, ONEVC, Latitud and Bridge Partners. Yuno was founded by Rappi…

Canary and Caffeinated Capital invested USD6m in Mara, a Brazilian grocery shopping platform offering items at wholesale price to low income communities. Mara was founded by 99 co-founder Ariel Lambrecht.…

MicroVest invested USD5m in Panama-based mortgage lender Banco La Hipotecaria. (MicroVest) To bridge the unmet demand for housing finance among lower and middle-income individuals and families, MicroVest has invested $5…

Kinea Ventures and Brazil VC G2D led a USD25m Series A for Digibee, a Brazilian e-commerce digital integration manager for SMEs. SP Ventures led a ~USD2.7m venture debt round in August…