DEALS
> Naspers, Innova Capital, and parent company Movile invested US$500m in Brazil's iFood.
- This is the largest known investment round in a Latin American startup to date.
- Current investors Naspers and Innova contributed US$400m, while Movile is providing the additional US$100m. Movile's contribution is coming from a US$124m investment announced by the same shareholders in July.
> UBits, a Colombian edtech platform for corporate training, raised US$2m led by Spectrum 28 Capital, a San Francisco VC firm. UBits participated in Y Combinator in Spring 2018. The founders say they plan to expand to Mexico next.
> Vostok New Ventures invested US$2m in Agente Imóvel, a Brazilian real estate advertising and data analysis platform.
> Brazilian IT company Accesstage invested R$2m IN10, a Brazil-based data analysis and business intelligence company.
- Accesstage also recently invested in Negocie Online, a Brazilian consumer debt negotiation platform operating primarily on WhatsApp and Messenger, and Moneto, a Brazilian payment processing app for business owners.
> Omni made an undisclosed investment in Ergoncredit, a Brazilian fintech providing credit for small businesses.
> Eqseed raised R$2.5m on its own crowdfunding platform, from 160 Brazilian investors, in exchange for a total of 12% of the platform’s equity. Average ticket was R$16k, and over half the contributors were qualified investors, according to Eqseed.
> #DEBT Arc Labs made a US$20m debt investment in PayJoy, a Mexican fintech serving the underbanked. Arc Labs previously made a US$10m debt investment in Creze, a Mexican startup providing financial services to small businesses backed by DILA Capital and Mountain Nazca.