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Newtopia closes first fund of $50M to invest in LatAm startups

TechCrunch

Early-stage venture capital fund Newtopia VC launched Monday with $50 million to invest in tech startups based in Latin America. The fund will invest between $250,000 and $1 million in startups at the seed stage to help them achieve the milestones needed on the path to raising a Series A. We aim to help entrepreneurs in those stages.

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The LatAm funding boom continues as Kaszek raises $1B across a duo of funds

TechCrunch

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region , Sao Paulo-based Kaszek has been putting money into promising startups since 2011, helping spawn nine unicorns along the way.

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Treggo, armed with new funds, takes on crowded Latin American last-mile delivery sector

TechCrunch

Treggo , an Argentina-based company, is among companies like 99 Minutos , Cubbo and Cargamos tackling the last-mile deliveries. In Treggo’s case, developing technology to make urban shipments in Argentina, Mexico and Chile easier and for merchants of any size can provide an Amazon-like service for their customers. million in funding.

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Venture capital funding may have slowed, but VC firms have no problems raising new funds

TechCrunch

As the market swoons, venture capital firms continue to announce new funds. Meanwhile, I corresponded with three firms about their funds and any concerns that limited partners had brought up during the fundraising stage. Last month, Alaya had the first closing of $80 million in capital commitments for its third fund.

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H Twenty Capital aims to be ‘go-to fund for pre-seed investments’ in Latin America

TechCrunch

Brazil and Mexico continue to lead as regions where many startups are getting funding, but as LAVCA’s statistics show, some of that investor love is being spread around to other countries like Colombia, Argentina and Chile. We were not the biggest or the most seasoned fund, but were emerging managers.

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Agrotools farming for M&A with new $21M funding round

TechCrunch

The funding will be deployed into areas including expanding its business in the U.S., Toward this vision, we just acquired a digital platform from Argentina to support the rural producer weather risk management and corporations risk assessment.”. Fintech and insurtech innovation in Brazil set to take off on regulatory tailwinds.

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Argentina's president retracts memecoin endorsement after insider cash-out triggers 95% crash

TechSpot

The saga began when Milei, known for his crypto-friendly stance, took to social media to promote $LIBRA, touting it as a project dedicated to encouraging the growth of the Argentine economy by funding small local businesses. His post on X acted as a catalyst, propelling the token's market capitalization to. Read Entire Article