Emergence Capital Partners, a US-based venture capital firm, has led a $5.4m investment in a Latin American technology incubator created by the founders of the regional office supply company Officenet, which was sold to US chain Staples in 2004.

the incubator, Quasar, will be based in Buenos Aires, Argentina, and plans to create 10 global technology companies over a four-year period by identifying high growth business models and pairing them with entrepreneurs that have been selected by the programme. The…

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