Amazon Smbhav Venture Fund led FreshToHome’s $104m series D round while CarTrade and BRB Banco de Brasília both launched venture funds.

Red Meat With Chili Pepper and Green Spies

Funds

Brazilian financial services firm BRB Banco de Brasília has formed a corporate venture capital fund called BRB Venture Capital Fundo de Investimento em Participações – Capital Semente. The initiative is being co-run by VC firms Bossanova Investimentos and KPTL and it has an initial size of R$50m ($9.6m). It is targeting early-stage companies developing education and training services.

India-based online…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.