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Prosus Acquires Latin American Online Travel Platform Despegar for $1.7 Billion
Prosus stated that this acquisition will help sustain its growth in Latin America and, by integrating Despegar's resources, further enhance its competitiveness in the global travel industry.
- Categories
- Technology
- Region
- Latin America
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Trinus Raises $7 Million in Series B Extension Led by Bewater
Trinus connects real estate developers with capital markets in Brazil.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: IFC Partners with Sol Agora to Expand Access to Solar Financing and Diversify Brazil’s Energy Mix
Sol Agora is a fintech provider of long-term financing for micro and mini-distributed solar power generation assets across Brazil.
- Categories
- Energy, Finance, Technology
- Region
- Latin America
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Deetken Impact’s Ilu Women’s Empowerment Fund Awarded $750K Grant to Advance Gender-Responsive Climate Finance Initiatives in Latin America and the Caribbean
The grant will support a combination of catalytic investment capital and technical assistance to unlock resources and knowledge at the intersection of climate action, gender equality, and health.
- Categories
- Investing
- Region
- Latin America
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Press Release: Toesca Asset Management and Astarte Capital Partners Forge Strategic Partnership to Launch $350 Million Regenerative Agriculture Investment Platform in Latin America
Together, the two firms bring extensive experience in managing over 82,000 hectares of natural capital assets across South America, backed by a proven track record of strong financial returns, carbon sequestration, and positive environmental and social impact.
- Categories
- Agriculture, Environment
- Region
- Latin America
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Latin America Startup Vambe Sees ARR Skyrocket After Pivot to Conversational AI
The Santiago, Chile-based company pivoted in March 2024 to focus on these AI agents, aimed to help small and medium-sized businesses automate communications with customers and close sales on platforms like WhatsApp.
- Categories
- Technology
- Region
- Latin America
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IFC Invests in Grupo Farmanova Intermed to Expand Access to Affordable and Quality Medications in Central America and the Caribbean
The IFC financing—a loan with an option to convert into a minority equity stake in the company—will enable GFI to consolidate all its operations in a state-of-the-art logistics and administrative center.
- Categories
- Health Care, Investing
- Region
- Latin America
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Global Coalition Pledges $10 Billion for Brazilian Forest Restoration and Conservation
This public-private partnership brings together major financial institutions, conservation organizations, and government entities to support Brazil’s environmental goals, making it one of the most comprehensive forest restoration programs in the world.
- Categories
- Environment, Technology
- Region
- Latin America
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