General Catalyst, DST Global and monashees invested USD30m in Clara, a Mexican startup offering corporate expense management and credit cards for Mexico-based startups, at a reported USD130m valuation. Clara also…
SoftBank, DST Global, and Greenoaks led an undisclosed round in Kavak, a Mexican car resale marketplace, with participation from QED Investors and follow-on from KaszeK Ventures and General Atlantic, at…
DST Global led a US$200m investment round in Colombian on-demand delivery startup, Rappi, which is now valued north of US$1b, as first reported by Axios. (TechCrunch) Rappi, the Colombian on-demand delivery…
Sign up for the Latin American Private Capital Update, a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and…
DST Global led a US$150m investment in Brazilian fintech Nubank, with participation from Thrive Capital and Dragoneer Investment Group, and existing investors Founders Fund, Redpoint Ventures, Ribbit Capital and QED Investors.…
Andreessen Horowitz invested an undisclosed amount in Rappi, a Colombian grocery delivery service. This is Andreessen Horowitz’ first investment in Latin America. Redpoint e.Ventures invested previously.
(Press Release) IFC, a member of the World Bank Group, and a consortium of investors led by IFC, including the IFC Global Infrastructure Fund, will invest US$320m in Pacific Midstream…
Tiger Global led a USD60m Series B for Nowports, a Mexican automated freight platform, with participation from SoftBank Latin America and DST Global, and follow-on from monashees, Mouro Capital, Base10…
Betterfly (formerly Burn to Give), a Chilean certified B-Corp insurtech providing life insurance for employees of SMEs and incentivizing policyholder’s wellbeing with subsidized coverage, raised a USD60m Series B from…
In 2020 LAVCA collaborated for the first time with EMPEA on its annual Global Limited Partners Survey to highlight limited partners (LPs) sentiment for the private capital opportunity in Latin…
Latin America LP Survey Breakout 2020
EIG Global Energy Partners purchased the unfinished 450MW Likana Concentrated Solar Power project in Chile from SolarReserve. EIG will complete construction of the project and hopes to have it operational…
Sign up for the Latin American Private Capital Update, a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and…
The global transport wars are heating up in Latin America with major investments from new Asian players. A few months after Chinese transportation giant Didi Chuxing announced a US$100m co-investment…
L Catterton Asia acquired Colombian beachwear brand MAAJI and merged it with portfolio company SEAFOLLY. (Press Release) SINGAPORE, AUSTRALIA, COLOMBIA – APRIL 4, 2017 – L Catterton Asia, the Asian…
(Press Release) Warburg Pincus (“the firm”), a leading global private equity firm focused on growth investing, today announced the closing of Warburg Pincus Energy, L.P. (“Warburg Pincus Energy”) at $4…
A decade ago Argentina was at the forefront of Latin America’s internet bubble, and its entrepreneurs and start-up companies were making inroads into international markets with high-profile IPOs on the…
Nubank doubled its valuation to US$4b this year with a US$180m investment from Tencent, representing about a 5% stake in the company. US$90m was a direct investment from Tencent; the other US$90m in equity was purchased from existing shareholders. In March 2018, DST Global led a US$150m round in Nubank at a valuation over US$2b, with participation from Thrive Capital, Dragoneer Investment Group, and existing investors Founders Fund, Redpoint Ventures, Ribbit Capital, and QED Investors. Previous investors include KaszeK Ventures, Sequoia Capital, and Tiger Global Management. Tencent’s last disclosed direct investment in Latin America was a 2017 Series B in Satellogic, an Argentine space exploration platform.
KASZEK and Avenir Growth led a USD111m Series B for Xepelin, a Chilean payments and lending platform for SMEs, with participation from PayPal Ventures, Endeavor Catalyst, DST Global, Wellington, Picus,…
Glade Brook Capital Partners led a USD125m Series C for Chilean insurtech Betterfly at a reported USD1b valuation, with participation from Greycroft and Lightrock, and follow-on from QED Investors and…
Coatue led a USD150m Series C for CloudWalk, a Brazilian POS and blockchain-based payments platform for entrepreneurs and SME, with participation from, DST Global, A-Star, Plug and Play Ventures, and…
Goodwater Capital led a USD35m Series A for Houm, a Chilean home purchase and rental marketplace with operations in Chile, Mexico and Colombia, with participation from Fifth Wall, Fen Ventures,…
Mexican car resale marketplace Kavak raised a USD700m Series E led by General Catalyst, with participation from Tiger Global, SoftBank, Ribbit Capital, Spruce House, D1 Capital, SEA and Founders Fund…
KASZEK led a USD30m round for Xepelin, a Chilean account receivable-based lending platform for SMEs, with participation Cathay Innovation; MSA Capital, FJ Labs and Gilgamesh Ventures and follow-on from Picus…
T. Rowe Price led a USD500m Series F round for Colombian on-demand delivery startup Rappi at a reported USD5.25b valuation, with participation from SoftBank, GIC, Baillie Gifford, Third Point, and…
Coatue led a USD190m Series B for CloudWalk, a Brazilian POS and blockchain-based payments platform for entrepreneurs and SMEs, with participation from DST Global, and follow-on from Valor Capital Group,…
D1 Capital Partners, Founders Fund, Ribbit Capital and BOND led a USD485m Series D in Mexican car resale marketplace Kavak, at a reported USD4b valuation. SoftBank, DST Global, and Greenoaks Capital…
Andreessen Horowitz led a US$48m Series A in Casai, a Mexico-based developer of boutique travel apartments, with participation from Andreessen Horowitz’s Cultural Leadership Fund, KaszeK Ventures, monashees, Global Founders Capital…
Rappi raised US$300m from T. Rowe Price Associates and other undisclosed parties. Previous investors in Rappi include SoftBank, Andreesen Horowitz, DST Global, Sequoia Capital, and Y Combinator. (Nasdaq) Colombian all-purpose delivery…
Brazilian fintech Nubank raised a US$400m Series F at a reported US$10b valuation. TCV led the round, with participation from existing investors Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital…