Funding round
Emergent Cold LatAm Growth
Reported as "Growth Equity"
Emergent Cold LatAm, which works in cold chain logistics solutions in São Paulo, raised $500M in a Growth round announced on 8 Dec 2023. 3 firms took part.
$500M
Amount raised
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
Emergent Cold LatAm did not disclose a valuation in this round. It is Emergent Cold LatAm's first venture round on record, 2 years after it was founded in 2021. No later venture round is on record for Emergent Cold LatAm.
Emergent Cold LatAm's funding rounds
This is the only venture round on record for Emergent Cold LatAm.
- Growth this round 8 Dec 2023 $500M
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- backs 7 venture-backed companies new investor
- Lineage new investor
- Losa Group new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, scaling operations and acquisitions.
- Geographic expansion
- Scaling operations
- Acquisitions
Comparable rounds
How it compares
The closest in time: 2 in Warehousing & Storage, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Warehousing & Storage | 3 Jul 2023 | $61M | $465M | Investcorp |
| Warehousing & Storage | 4 Jul 2024 | $29M | $325M | Asia Impact and Quona Capital |
| Plenitude Renewable energy companies | 21 Dec 2023 | $768M | $8.77B | not named |
| Insurance - Agents, Carriers & Brokers | 29 Dec 2023 | $574M | not disclosed | not named |
| Travelport Travel Agencies | 4 Dec 2023 | $570M | not disclosed | not named |
| Real Estate Investment | 7 Dec 2023 | $377M | not disclosed | not named |
| Tech Companies | 12 Dec 2023 | $216M | not disclosed | CVC |
| Banks & ATMs | 19 Dec 2023 | $125M | not disclosed | J.C. Flowers & Co. |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Emergent Cold LatAm raise in its Growth round?
Emergent Cold LatAm raised $500M in its Growth round, announced in Dec 2023.
Which investors took part in Emergent Cold LatAm's Growth round?
Stonepeak, Lineage and Losa Group.
What was Emergent Cold LatAm's valuation at the Growth round?
It was not disclosed.