Global technology company SoftBank Group Corp. has launched the SoftBank Innovation Fund, the technology fund focused exclusively on the Latin American market.
NotCo, a Chilean innovative food technology company, raised $30M in funding.
Destacame, a Santiago, Chile-based personal financial management platform, closed a US$3m Series A funding round.
DCM, an early stage venture capital firm investing globally, promoted Kyle Lui in the U.S. and Ray Zhao in China, to Partner.
Jooycar, a Santiago, Chile-based Chilean auto insurance and telematics company, raised $3m in funding.
Walmart, Inc. (NYSE: WMT) acquired Cornershop, Inc., an online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile, for $225m.
Ceptinel, a Chilean fintech company that specializes in regulatory technology, received a $1m investment from HCS Capital Partners.
Magma Partners, an early stage venture capital firm with offices in the U.S. and Latin America, has held the first close of its second $15M fund.
Conversica, a Foster City, CA-based provider of conversational AI solutions for business, acquired Intelligens.ai, a Santiago, Chile-based provider of conversational AI for sales and marketing focused on the Latin American market.
ComparaOnline, a Santiago, Chile-based marketplace for insurance and financial products in Latin America, raised USD$14m in Series C funding.
Vinci, a Beijing, China-based provider of AI powered smart headphones, received a multi-million USD Series A round of funding.
Destacame, a Santiago, Chile-based alternative credit scoring startup, closed a seed round of financing of undisclosed amount.
Lalamove, a Hong Kong-based on-demand delivery company, completed a US$30M Series B financing round.
As we anticipated some days ago (read here), venture capital firm Redpoint Ventures has confirmed that it has closed a $180m Redpoint China I fund.
Properati, a Buenos Aires, Argentina-based online and mobile solution for the real estate market, received $2m in funding.