News & Insights

Form BE-10 is part of a recurring 5-year benchmark survey designed by the U.S. Department of Commerce’s Bureau of Economic Analysis (“BEA”) to gather current economic data on the foreign investment operations of U.S. multi-national enterprises and their foreign affiliates. All “U.S. reporters” with one or more foreign affiliates during their 2019 fiscal year must make Form BE-10 filings regardless of whether they were contacted by the BEA. Latin American venture-backed businesses that include U.S. holding companies in their corporate structure may be U.S. reporters.

The deadlines for filing Form BE-10 with the BEA have been, in both cases, extended to August 31, 2020 (originally May 29, 2020 for filers with less than 50 foreign affiliate filings and June 30, 2020 for filers with 50 or more foreign affiliate filings).

Headline leads the BRL 70 million Series B financing of Trinus Co, a financial and real estate service platform.

Illuminate Financial invested in Latam-based fintech startup N5 Now. 

Brazil-based travel and expense management platform, Onfly, announces its BRL 80M (approximately USD 15.5M) Series A financing. 

Earlier this month, Pitchbook released its Q2 2021 Global League Tables recognizing Gunderson Dettmer as the #1 VC Law Firm Globally. In addition, the PitchBook database confirms that Gunderson handled more venture and growth equity transactions in Latin America for the first half of 2021 than any other law firm in the world. 

Gunderson Dettmer is again ranked "most active law firm globally" in PitchBook’s 2020 Global Venture Capital League Tables. Further, the PitchBook database confirms that Gunderson Dettmer handled more venture and growth equity transactions in Latin America in 2020 than any other law firm in the world.