Latin America

AustralRe, founded in 2011, is an independent reinsurer in Brazil with operations across 16 Latin American countries.

Genetica Bioscience develops and manufactures biological products for industrial wastewater treatment, biogas generation and bio-based crop protection.

The targets include global refrigeration components manufacturer Henry Group Industries, Belgian rubber mounting manufacturer RubberGreen and Brazilian refrigeration components maker Forming Tubing.

MRO Holdings provides aircraft maintenance, repair and overhaul services across the Americas, with around 10,000 staff and facilities in El Salvador, Mexico, Colombia and the US.

The power of the global M&A market increasingly hinges on the presence of mega-deals.

Funding to AI-related start-ups spiked 75% to $203bn from 2024, with foundation model companies representing 40% of that globally and US companies dominating.

Fund III was anchored by Cendana Capital and includes commitments from Intact Ventures, Atacama Ventures, NVNG Investment Advisors and strategic investor Schreiber Foods.

Stripe's $1.1bn acquisition of Bridge signals more mainstream acceptance of stablecoins among fintech players, especially those eyeing scale-up opportunities in developing markets.

The sixth annual Rising Stars celebrates the achievements of people under the age of 40 in the venture capital industry. The deadline for nominations is November 15.

After raising $4.2m in pre-seed and seed funding, the Argentina-based biotech start-up is aiming to open a patient clinic by the end of 2023.