TIM is supplying $50m for SoftBank spinofft Upload Ventures’ $250m debut fund while UPMC chipped into Noema’s $112m series B round.
Fund
Upload Ventures, the Brazil-based venture capital firm spun off by Japanese telecommunications firm SoftBank, is raising $250m for a Mexico and Brazil-focused fund according to a securities filing. Telecommunications firm TIM Brasil is anchoring the fund with $50m set to be provided over the next two years, according to TechCrunch.
M&A
Online insurance comparison platform Insurify has acquired Compare.com, a US-based,…
