Astella Investimentos led a BRL40m (~USD7.6m) Series A for Amicci, a Brazil-based private level developer for retailers focused on consumer products, with participation from DGF Investimentos and Endeavor Scale-Up Ventures. Read more… Read More
BTG Pactual agreed to acquire UPI Itiquira, a Brazil-based logistics terminal serving the agricultural sector, for BRL146.7m (~USD28m). Read more… Read More
Chromo Invest led a BRL9m (~USD1.7m) round for Civi, a Brazil-based hyperlocal security news platform, with participation from Canary and angels David Velez (Nubank) and Guilherme Bonifácio (iFood). Separately, Canary led a USD1.1m pre-seed round for Bendo, a Mexico-based inventory and sales management platform for small merchants, with participation from… Read More
Apollo Global Management, through its affiliate Apollo Funds, agreed to provide up to USD1.5b in financing to customers of Brazil-based aerospace manufacturer Embraer. In the first transaction under the agreement, Apollo entered into a sale and leaseback agreement with Canada-based Porter Airlines for six Embraer airplanes to be delivered in… Read More
Lavoro, a Brazil-based agricultural inputs retailer backed by Patria Investments, agreed to list on the Nasdaq through a SPAC merger with TPB Acquisition Corporation I, sponsored by investment holding company The Production Board (TPB), at an implied enterprise value of ~USD1.2b. The merger will include a USD180m contribution by the… Read More
RappiPay, a Colombia-based payments platform joint venture between Rappi and Banco Davivienda, secured a USD11m syndicated credit line from Bancolombia, Banco de Bogotá, Davivienda and Itau. Read more… Read More
KASZEK and Y Combinator led a USD5m investment for DolarApp, a Mexico-based fintech that allows users to open a bank account converting Mexican pesos to dollar stablecoin USD Coin (USDc), with participation from a group of over 50 angel investors. Read more… Read More
Naya Homes, a Mexico-based short-term and vacation rental platform, raised a USD5.6m seed round from Carao Ventures, Clocktower Technology Ventures, Flybridge Capital Partners, Primary Venture Partners, K50 Ventures and Derive Ventures. Read more… Read More
Warburg Pincus and Gávea Investimentos partially exited Brazil-listed facilities company Grupo GPS for BRL546m (~USD106m). Warburg and Gavea maintain ~5% and ~1% stakes in the company, respectively. Read more… Read More
GSV Ventures led a USD2m seed round for uDocz, a Peru-based collaborative education platform for university students, to share educational resources, with participation from Salkantay VC. Read more… Read More
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