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The Argentina-based, yet fully remote, startup was founded in 2019 — just a few months before the pandemic. Quiet Capital, Preface Ventures, FJ Labs, AforeVC and K50 Ventures also put money in the latest round, which brings Osana’s total raised over its lifetime to $26.5 Lee Fixel’s Addition is also an investor.
The Argentina-based fraud and identity protection company announced $12 million in Series B funding Monday from backers including software developer, Globant, as well as Agrega Partners, NXTP Ventures, Bridge One, the IDB Lab and Telefónica. billion valuation.
And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures V, a $475 million early-stage fund, believed to be the largest vehicle of its kind ever raised in the region, and Kaszek Ventures Opportunity II, a $525 million for later-stage investments.
Tuna is on a mission to “fine tune” the payments space in Latin America and has raised two seed rounds totaling $3 million, led by Canary and by Atlantico. He has identified Mexico, Colombia and Argentina as potential new markets. Current and upcoming trends in Latin America’s mobile growth.
Digital House , a Buenos Aires-based edtech focused on developing tech talent through immersive remote courses, announced today it has raised more than $50 million in new funding. Riverwood Capital, a Menlo Park-based private equity firm, and existing backer early-stage Argentina-based venture firm Kaszek also participated in the financing.
Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. Also, the country has seen some of the lowest interest rates on record, which he said has fueled the development of the alternative assets industry. .
Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. In Argentina, it was granted a Mastercard and payments license.
The firm started raising two months ago and already secured $35 million in commitments and cash in hand. Lorena Suarez, one of the managing partners of Argentina-based Alaya Capital , a 10-year-old early-stage VC firm, invests in impact-driven startups from Spanish-speaking Latin America.
Mudafy , a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. In total, the startup has raised $13 million. Its customer-facing product includes features that are commonplace in the U.S.
At TechCrunch Disrupt 2021 last week, Harlem Capital’s Henri Pierre-Jacques and BBG Ventures’ Nisha Dua explained how founders should allocate their recently raised dollars in today’s environment. It’s easier to raise and harder to spend these days, because there’s such a high demand for talent.
Agrotools , a Brazilian-based technology and intelligence company for agribusiness, raised $21 million (BRL 100 million) to value the company at around $94 million, according to the company. Brazil’s agriculture sector is a $24 billion industry and Agrotools said it has analyzed over 4.5
While the New Zealand-based company is still at an early stage – it’s about halfway through its proof of concept – if Humble Bee is successful, its bioplastics are likely to make it into the sustainable textiles industry. Humble Bee, which just raised $3.2 “It’s resistant to acids and bases.
The restaurant industry was thrown for a loop two years ago when the pandemic kept people at home. In Fudo’s case, the Argentina-based company offers a web-based restaurant operating system and point-of-sale software that brings together a restaurant’s operations into a centralized “hub.” Fudo is now among them, having raised $7.5
In total, NotCo, with roots in both Chile and New York, has raised more than $350 million, founder and CEO Matias Muchnick told TechCrunch. Brazil, Argentina, Chile and Colombia. 4 sustainable industries where founders and VCs can see green by going green. We are excited to partner with Matias and his team.
Bitso may already be the dominant cryptocurrency platform in Latin America boasting 1 million users (primarily in Mexico and Argentina) and is one of the only platforms to be licensed under the Distributed Ledger Technology (DLT) license from the Gibraltar Financial Services Commission (GFSC). . “It’s not going away.
Kaszek Ventures , one of Latin America’s first venture firms, has raised $975 million across two funds. Since 2011, Kaszek has backed more than 120 companies, which the firm says collectively have raised more than $15.5 Image Credits: Kaszek Kaszek founded its first fund in 2011, raising $95 million, an impressive sum at that time.
Fund II will explore options to raise additional capital,” SoftBank said in a statement. It has backed companies across the region including in Brazil, Mexico, Chile, Colombia, Argentina and Ecuador. SoftBank is launching the new fund with an initial $3 billion commitment. each for Kavak and VTEX; 2.6x for QuintoAndar and 3.5x
For good reason, too: Startups have raised $9.3 But while the industry hails the rise of the region’s ecosystem and its growing fleet of unicorns , Latin America’s startup story has a far longer past. For instance, e-commerce giant MercadoLibre launched in Argentina around the time eBay was emerging.
The announcement came after concerns were raised by the Antitrust Division that the directors dual roles on both the Epic and Tencent boards violated Section 8 of the Clayton Act, which stipulates that an individual cannot serve on the boards of multiple competing companies.
The idea for the company came a couple of years ago when Cavasotto and Andres Arslanian, CTO, worked as volunteers for a Microcredits NGO in Argentina. Emi focuses on large and enterprise customers, those needing to hire thousands of workers in retail, light industrial and distribution positions. “We
trillion retail industry at a massive inflection point. That included $1 trillion flowing via e-commerce and the industry as a whole advancing five years in a matter of 12 months during the global pandemic. Intuitivo, an Argentina-based AI and computer vision startup, raised $7.8 We profiled them previously.
The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. Meanwhile, Yaydoo has raised over $20 million from investors such as Base10 Partners, monashees, SB Opportunity Fund and Leap Global Partners. “We Klarna recently raised $800 million at a $6.7
The farming industry spends tons of money on artificial means of reinvigorating soil, but an all-natural solution may already exist: beneficial microbes that have evolved to thrive in extreme environments. Puna Bio , which raised a $3.7 which between the three account for 80% of the market.
Jumo has been raising $2 million in funding from individuals and foundations. By November 2010, Jumo noted in a New York Times article that they’ve raised $3.5 Argentina, France, India, or Kenya?&# It’s a discovery process that first matches, then helps people build relationships, then let’s people share their resources.”-
Chris Hughes Jumo has been raising $2 million in funding from individuals and foundations. By November 2010, Jumo noted in a New York Times article that they’ve raised $3.5 Argentina, France, India, or Kenya?&# Who Chris Hughes brought in Kirsten Titus as Managing director of Jumo. All Rights Reserved
Business is booming in Latin America: Startups raised $9.3 With so many companies raising significant funds in a short time, competition to find a high quantity of high-quality workers is fierce. AI companies have garnered some of the most attention in Latin America this past year, raising a total $862.6
That’s quite a wide range — and sounds sky-high — but Costanzo says it’s reflective of the equally high inflation rate in Argentina, the country where Uils first launched. Regulatory scrutiny could be coming if the BNPL industry’s trajectory in the U.S. ” Image Credits: Uils. is any indication.
Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B. For example, a study last year by Cambridge University suggested that just one cryptocurrency — Bitcoin — consumed more energy annually than the entire country of Argentina. It’s certainly a thought. Swappie bags $40.6M
million pre-seed round, a big one for the region, to try to make some sense of an unorganized and outdated industry where buyers are distrustful of sellers. Moving from A to B in Uno, Dos, Tres : Christine reports how Argentina-based startup ClicOh raises $25 million to bring Amazon-level logistics to e-commerce businesses in LatAm.
The vast majority of Antarctic tourists depart for the Southern Continent via cruise ship out of Ushuaia, Argentina, dubbed the "end of the world." Though Argentina's hugely-privatized economy is showing small signs of growth, its population hassuffered with poverty levels as high as 57 percent this year.
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