Deals ▸ Base10 led a USD41.5m Series B for Conta Simples, a Brazilian corporate card issuer for SMEs, with follow-on from Valor Capital Group, DOMO, Big Best, YC, Jam Fund and Broadhaven. Valor and Jam Fund led a ~USD24.3m Series A in January 2022. Conta Simples just received approval from the Brazilian Central Bank to operate as a Sociedade de Crédito Direto (SCD). ▸ Tribe Capital led a USD40m Series B for Kapital, a Mexican finance management platform for SMEs, with participation from Cervin Ventures, Tru Arrow, MS&AD Ventures and Alumni Ventures. DEBT | Kapital also raised a USD125m debt facility from undisclosed investors. Niya Partners and Tribe Capital led a ~USD20m Series A in May; Kapital also secured a USD45m debt facility from Accial Capital as part of the round, complementing the USD100m facility raised from US-based debt investor Sivo in October 2022. ▸ TRANSPORTATION | Tembici, a Brazilian micro-mobility platform focused on bikes with operations in Chile, Argentina and Colombia, raised USD23m from the DFC and IDB Invest. BNDES invested ~USD32m in February; Tembici raised a ~USD10.6m round in October 2022 and a USD10m round led by Blue Like an Orange in April 2022. ▸ Glisco Partners invested USD20m in a Series C+ for Yalo, a Mexican conversational commerce platform for corporates and retailers. B Capital led a USD50m Series C in June 2021 after also leading a USD15m Series B in 2020. ▸ PROPTECH | Headline led a ~USD14.5 Series B for Trinus, a Brazilian residential project management platform. ▸ AGTECH | Agrotoken, an Argentine agricultural commodities tokenization startup, raised a USD12.5m Series A from Visa, Bunge and undisclosed investors. ▸ Lachy Groom (Stripe) led a USD6m round for Hyperplane, a US-based data platform for Brazilian banks, with participation from Clocktower Technology Ventures, SV Angel, Liquid2 Ventures, Soma Capital, Latitud, Atman Capital, Crestone VC and Norte. ▸ Great Point Ventures led a USD5m round for Datalogz, a US-based data platform for companies, with participation from Graphene Ventures, Squadra Ventures, Berkeley Skydeck, Defined VC, Mana Ventures and Trajectory Ventures. Datalogz is co-founded by Mexican Pablo Lerdo de Tejada. ▸ CVC |Conexa Saúde, a Brazilian telemedicine marketplace, raised ~USD5m from Vivo Ventures. Goldman Sachs Asset Management led a ~USD40m round in June 2022; Conexa Saúde raised a ~USD8m Series B from General Atlantic and Igah Ventures in July 2020. ▸ EL SALVADOR | Endless Ventures and Televicentro Honduras led a USD5m equity and credit round for Mercandú, a Salvadoran e-commerce solutions platform. ▸ DEEP, a Brazilian ESG monitoring platform for corporates, raised a ~USD4.5m Series A from CV iDexo, Vibra Ventures and 10M. iV Ventures led a ~UD1.8m seed round in July 2022. ▸ Anitya, a Brazilian low-code software startup, raised USD2m from Indicator Capital. ▸ AGTECH | Draco Capital led a USD2m round for Deep Agro, an Argentine agricultural production analysis platform, with participation from Grupo Dacus, BYX Ventures, Innventure and Pampa Start. ▸ HRTECH | MAYA Capital led a ~USD1.5m round for Start Carreiras, a Brazilian hiring platform for university students, with participation from Reach Capital and Graphene Ventures. ▸ Bankme, a Brazilian platform structuring investment vehicles for startups and corporates, raised USD1.5m from DOMO. Bankme raised a ~USD1.1m round in August 2022. ▸ Car Big Data, a Brazilian vehicle monitoring and theft recovery platform, raised ~USD1.1m from Citrino Ventures. DOMO led a ~USD900k round in October 2022. ▸ Dapta, a US-based Open Finance startup raised a USD1m pre-seed round from Paramo Partners, Fen Ventures, Kuiper VC, Invariantes Fund, LatinLeap, 500 Startups and undisclosed angels. Dapta is founded by Colombian Nicolás Rojas. ▸ SaaSHolic led a USD1m seed round for Salvy, a Brazilian B2B virtual telecom operator, with participation from YC, João Del Valle (Ebanx) and Ariel Lambrecht (Mara). ▸ BIOTECH | Südlich Capital led a USD850k round for Bifidice, a Chilean probiotics startup. ▸ Prosas, a Brazilian platform for organizing cultural projects, raised USD800k from KPTL and Cedro Capital. ▸ EDTECH | Excuela, a Peruvian edtech for blue-collar workers, raised a USD700k pre-seed round from IDB and undisclosed angels. ▸ InvestPlay, a Brazilian openfFinance startup, raised ~USD600k from BRQ, Osten Moove and Darwin Startups. ▸ CVC | ObraLink, a Chilean sensor-based construction monitoring platform, raised USD500k from Polpaico Soluciones. CEMEX Ventures and Gruas M10 led a USD2m round in June 2022. ▸ Costa Rica-based investor Caricaco invested up to USD100k in each of seven Central American startups: Listo, Vitrinnea, Sento, Caldo, ONVO, Ábaco and Tobipets. ▸ Kamay Ventures invested in Sensify, an Argentine cold chain management startup. ▸ CVC | Citi led an undisclosed round for Supra, a Colombian cross-border payment solutions platform, with participation from Far Out Ventures and H20 Capital. ▸ AGTECH | The Yield Lab invested in Symbiomics, a Brazilian agribusiness biotechnology startup. ▸ BIOTECH | Vesper Ventures and Ecoa Capital raised an undisclosed seed round for InEdita Bio, a Brazilian genome editing solutions startup. ▸ GOVTECH | KPTL invested in Colab, a Brazilian civic engagement platform. MDIF and Luminate invested ~USD600k in July 2020; MDIF and Flourish Ventures invested ~USD800k in 2017. ▸ Gard2n invested in OnlyPay, a Brazilian company payroll platform. ▸ Urca Angels led an undisclosed seed round for Mercado de Recebíveis, a Brazilian POS platform, with participation from Inês Corrêa Souza (Magalu) and Marcelo Bella (Letsbank). ▸ Loto Punto, a Colombian kiosk-based microcredit and payments platform, raised an undisclosed round from Techstars, blockchain network Stellar and MoneyGram International. |