South 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.

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

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.