Accenture Buys Glamit
Accenture (NYSE: ACN) has acquired Glamit, a Buenos Aires, Argentina-based boutique e-commerce agency.
Argentina
Merama Closes US$225M Series B Financing
Merama, an acquirer and builder of direct-to-consumer businesses in Latin America, raised an additional US$225m in Series B funding at a valuation of approximately US$850m.
Ualà Raises $350M in Series D; Valued at 2.45 Billion
Ualá, a Buenos Aires, Argentine-based fintech company, raised $350M in Series D funding.
Frizata Closes $5M Series A Funding
Frizata, a Buenos Aires, Argentina-based direct-to-consumer flexitarian frozen foodtech company, closed a $5m Series A funding The round was led by SP Ventures.
Accenture Buys Wolox
Accenture (NYSE: ACN) acquired Wolox, an Argentinean cloud native and agile development company that provides digital solutions to help clients achieve successful business outcomes.
SVB Financial Group Closes $30M Latin America Growth Lending Fund
SVB Financial Group (NASDAQ: SIVB), a Santa Clara, Calif.-based venture debt bank, closed a new $30m venture and growth debt fund.
Energy Company YPF Launches YPF Ventures
YPF, an Argentinian energy company with $15B in revenue and 21 thousand employees, has launched YPF Ventures, a corporate venture capital fund that will expand the company’s reach into emerging energy businesses.
SoftBank Group Launches $5 Billion Technology Growth Fund for LatAm
Global technology company SoftBank Group Corp. has launched the SoftBank Innovation Fund, the technology fund focused exclusively on the Latin American market.
MercadoLibre to Raise $1.85 Billion; PayPal and Dragoneer Invest
MercadoLibre, Inc. (NASDAQ: MELI), a Latin American large e-commerce technology company, intends to offer approximately US$1 billion of common stock.
Magma Partners Launches $15M Fund to Support LatAm Startups; Announces First China-LatAm Accelerator
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.
Digital House Raises $20M in Funding
Digital House, a Buenos Aires, Argentina-based group of schools providing digital skills to Latin America’s next generation, raised $20m in funding.
Ripio Credit Network Token Sale Reaches $37M
Ripio Credit Network (RCN), a new infrastructure p2p lending protocol based on smart contracts and blockchain technology from the South American-based crypto company Ripio (formerly BitPagos), hit the targeted maximum token distribution value of $37 million (121,300 ETH).
Ripio Credit Network Raises $31M in Private Pre-Sale from Accredited Investors
Ripio Credit Network, a global smart contract and blockchain-based credit network that connects lenders and borrowers located anywhere in the world and on any currency guaranteeing transparency and reliability in the lending, sold part of the balance of the 510m tokens available for purchase in an invitation-only private pre-sale for strategic partners.
Moni Raises $3m in Funding
Moni, a Buenos Aires, Argentina-based fintech platform, raised $3m in funding.
Ripio Raises $400K in Series A Funding from Medici Ventures
Ripio (by BitPagos), a LatAm bitcoin consumer financial service platform, received $400k in Series A funding from Medici Ventures.