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Despegar.com Announces $50 Million Investment by Waha Capital
08/21/20, 11:06 AM
Money raised
$50 million
Despegar.com (the “Company”), the leading online travel agency in Latin America, today announced that on August 20, 2020 it entered into a private placement with Waha Capital through which it will issue and sell series B preferred shares convertible into ordinary shares for an aggregate purchase price of $50 million. The Company intends to use the proceeds from this transaction for general corporate purposes, including potential acquisitions.
Company Info
Additional Info
AccelFoods is an early-stage venture fund investing in consumer products.
We partner with entrepreneurs to bring innovative, high-quality food and
beverage products to the forefront of the industry and create the next
generation of enduring brands. With nearly $40m under management, we are
hands-on partners that work tactically with our founders to scale their
businesses quickly and smartly. We connect the dots within the broader food
& beverage ecosystem to provide unique access, share distinct expertise,
and build solid infrastructure.
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