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Latham & Watkins Advises Activant Capital in Deuna’s Series A Financing Round

September 21, 2022
Multidisciplinary deal team represented the global investment firm in e-commerce platform Deuna’s entrance into Latin America.   

Activant Capital has announced that it led Deuna’s US$30 million Series A alongside investors Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures (formerly Softbank Early Stage) as well as founders from Plaid, Kavak, Jeeves, Xepelin, iFood, R2, and others. Deuna is a one-click checkout solution that’s changing e-commerce in Latin America. The company operates in Mexico, Colombia, Ecuador, and Chile, and is expanding to Brazil this year. With 1.5 million + consumer accounts already active, Deuna is on a mission to create the largest independent shopper community in the region.

Latham & Watkins LLP represented Activant Capital in the transaction with a deal team led by New York partners Stelios Saffos and Jane Greyf, with associate Samuel Dillard. New York partner Gregory Hannibal, with associate Lauren Bewley, advised on tax matters.