Positive Ventures will reach a USD25 final close for its second flagship fund to invest in early stage startups with a social and environmental impact in Latin America. Positive Ventures…
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Capria Ventures just reached a first close for Capria Global South Fund II, its second flagship fund with a USD100m target to invest in startups across the Global South, with…
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BAI Capital, GGV and GIC led a USD50m round for Stori, a Mexico-based credit card issuer for the underbanked, at a reported USD1.2 valuation, with follow-on from Lightspeed, General Catalyst,…
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Floating Capital, a US-based early stage VC launched by the founders of Carbon Health, led a ~USD9m pre-Series B for Mevo (formerly Nexodata), a Brazilian digital drug prescription platform. Mevo…
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Shell Brasil invested ~USD40m in Carbonext, a Brazilian carbon credit issuer for the Amazon rainforest. (Reuters) – Shell said on Monday it has invested $40 million into a Brazilian preservation-focused…
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Andorra-based private bank Andbank led a USD50m Series F+ for Brazilian fintech Creditas at the same USD4.8b valuation than the USD260m Series F led by Fidelity Management in January 2022.…
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US-based Activant Capital led a USD30m round for DEUNA, a US-based e-commerce checkout platform launching operations in Latin America, with participation from Valor Capital Group, Upload Ventures, Abstract Ventures and…
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US-based VC Tenacity Venture Capital led a USD10m seed round for Kapital, a Mexican finance management platform for SMEs, with participation from Telesoft, Broom Ventures, Pioneer Fund, Soma Capital and…
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Brazilian digital brokerage Warren raised an undisclosed Series C+ from GIC, KASZEK and Citi Ventures. Warren raised a ~USD60m Series C led by GIC in May 2021 and acquired Vitra Capital,…
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Base Partners and Crankstart Lead USD30m Series A for Brazilian Motorbike Rental Platform Mottu
30 June 2022Base Partners and Crankstart, the family foundation of Michael Moritz of Sequoia, led a USD30m Series B for Mottu, a Brazilian motorbike rental service for last-mile delivery companies, with follow-on…