This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In the past week, Coderhouse, a live cohort-based learning platform, and Crehana, an on-demand skills development service for the enterprise, both announced financing rounds. The back-to-back raises are a reminder that edtech’s relevance in LatAm isn’t just growing in classrooms, but also within organizations across LatAm.
Just five months after raising $90M, Brazil’s Nuvemshop announced today it has raised $500 million in a round co-led by Insight Partners and Tiger Global Management. That’s up from 20,000 merchants at the start of 2020 and 80,000 at the time of its last raise in March.
Rebill , an Argentina-based startup, raised $3.6 CEO Nahuel Candia got the initial idea for Rebill in 2018 when he was consulting for an insurance company in Argentina. It also sends payment notifications via multiple channels and enables customers to manage all of their office locations from one platform.
São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020.
Tim Berners-Lee’s startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said. TechCrunch reported in late October that the three-year-old Inrupt was in talks to raise between $30 million to $50 million. The Inrupt team includes cryptography expert Bruce Schneier.
Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. For now, the three-month-old company is in its infancy — the pre-product phase, which makes it even more notable that the company managed to raise such a large seed round.
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. It boasts a customer list that includes the large Brazilian fashion chain Riachuelo, and its platform integrates with others including VTEX, Magento and WooCommerce.
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.
Papa , the elder tech company that offers care and companionship to seniors, today announced a $60 million Series C led by Tiger Global Management, bringing its total raised to date to $91 million. We have about 1 million eligible members on the platform, and about 15% use Papa every month,” Parker told TechCrunch.
His new venture, called Inrupt, wants to fix some of the mess many of those companies have made — and it’s in the market to raise money. Inrupt has built a platform where users can store their personal data in something called a POD (Personal Online Datastores). Its customers include governments and enterprises.
Bitso , a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 For one, it comes just four months after the startup raised $62 million in a Series B round. The news caught our attention for several reasons. Image Credits: Bitso.
Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. In early June, the Japanese investment conglomerate said it would invest “up to $150 million” in Grupo Bursátil Mexicano (GBM), a 35-year-old investment platform in the Mexican stock market.
Belvo , a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. Citing Crunchbase data, Belvo believes the round represents the largest series A ever raised by a Latin American fintech.
announced a $30 million raise for its commercial and open source approach to neural search, for a more early-stage example. It’s worth noting that Chicago-based AutoCloud is a standard startup of the day in that it has a team in multiple locations, including Argentina and Chile. This morning, Jina.ai The AutoCloud founding team.
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.
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. The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America.
Six years after the launch of the Mexico-based cryptocurrency exchange and financial services platform Bitso , the company revealed it has closed on $62 million in financing to capitalize on the cryptocurrency boom investors expect to hit Latin America. . “It’s not going away. . ”
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. million rural territories to date and monitors over $3 billion in commodities through its platform.
It has now raised $34 million. The company’s Workforce Optimization platform works as a layer on top of customer service center management tools like Zendesk and Salesforce Service Cloud, allowing management to monitor digital channels and give customer service agents feedback to help them do their jobs better.
Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of $2.45 The round is believed to be the largest private raise ever by an Argentinian company and brings Uala’s total raised to $544 million since its 2017 inception. million cards.
Merama, a five-month old e-commerce startup focused on Latin America, announced today that it has raised $60 million in seed and Series A funding and $100 million in debt. The money was raised “at well over a $200 million valuation,” according to co-founder and CEO Sujay Tyle. . “We
Fintechs have raised $23B across the regions since 2017. While this dropped last year to $362 million, companies like Flutterwave, TymeBank, Kuda have raised sizeable rounds during this period. Collectively , fintech startups have raised $10 billion in the past five years. Indian startups raised $9.3 Let’s dive in.
The company intends to expand into other countries where e-commerce is growing, including Colombia, Argentina, Chile and Peru. This new capital combines with previous raises of $7 million following Skydropx’s participation in Y Combinator in 2018. Last-mile logistics platform Cargamos raises $11M seed round to expand same-day delivery.
Macrometa , the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. It will hire for its engineering and product development centers in the United States, Eastern Europe and India, and add new centers in Ukraine, Portugal, Greece, Mexico and Argentina.
Canada, CIS Region, Malaysia, Indonesia and Argentina — with the startup offering proprietary localized content for each target region (although its users are spread across some 40 countries). Although the online learning offered by Kodland’s platform is guided by teachers rather than self-serve. Ireland, the U.S.,
But soon the company plans to expand its platform to include a passive investing product (robo funds) and crypto. Vest’s platform is live and its app is available for download on iOS and Android in all of Latin America except for Panama, and in the U.S. The startup currently offer users integration to local banking in the U.S.
Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the Nasdaq in 2021. DLocal’s founders had first launched AstroPay, another digital payments platform that now has over five million users.
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.
As the platform matures , we’ll get a better sense of the power and potential of this network that lets people find, connect, and support social change organizations and issues. Amy Sample Ward shares her first reflections and critique of the platform and wonders what’s the point? Argentina, France, India, or Kenya?&#
RecargaPay originally had operations in various Latin American countries, such as Argentina, Chile, Colombia, Mexico, Peru and Brazil, as well as in Spain and the U.S. Our approach was to solve problems one-by-one, and now we have a vertically integrated payment platform that offers financial services.”
’s ICO, Canada’s OPC and Hong Kong’s OPCPD, has urged mainstream social media platforms to protect users’ public posts from scraping — warning they face a legal responsibility to do so in most markets. A joint statement signed by regulators at a dozen international privacy watchdogs, including the U.K.’s
The latest such company in Latin America is São Paulo-based Dock , which operates a full-stack payments and digital banking “platform” across the region, where demand for financial infrastructure that can help boost inclusion is massive. The startup has raised $110 million in a growth funding round led by U.K.-based
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 company just raised $27 million to continue fertilizing and watering its own growth trajectory. In 2022, SupPlant’s aim is to get more than a million African and Indian smallholders on its platform. By carefully measuring the plants, and pairing their status with weather and soil data, it can give very precise watering needs.
Geopagos , a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. He returned to Argentina and explained the idea to a few of his colleagues, who also were fascinated and became his co-founders. The financing marks the company’s first ever institutional funding.
They’re winning over investors, certainly; as we reported last Friday, Pear appears close to raising its biggest fund ever.). Its platform aims to enable businesses to host meetings and events in some of the world’s most unique venues. What it does: Software platform powering independent Medicare agents. HQ: Argentina.
CommerceIQ is the leading channel optimization platform enabling the largest brands to win in retail.”. We are being more opportunistic and throwing fuel on the fire, but we are raising to throw fuel on a fire that is already burning nicely,” he added. Intuitivo, an Argentina-based AI and computer vision startup, raised $7.8
The company has now raised a total of $70 million since its inception in 2018. Marietti, who is from Argentina, was working in food tech and saw that modern delivery services were only able to offer limited food options and pricing, and was a trade-off between convenience and variety. “We
Nicolás Giménez , the co-founder of Argentina-based startup Fidu , has convinced over 1,000 schools across the Latin America region to place their operations in the hands of a scrappy edtech startup. Fidu, meanwhile, wants to be easy enough that schools can set things up in 48 hours and have a fully customized solution.
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
To use Uils, drivers download an app, fill out an application, and connect the app to the ridesharing platforms for which they drive via an API (e.g., For its part, Uils says that it requires customers to reauthorize the connections between the app and ridesharing platforms every month, so that tracking doesn’t continue indefinitely.
Get ready for a price hike : YouTube Premium is planning to raise prices — by $5 in some cases — for subscription plans in more countries, including the U.S., Canada and Argentina, Ivan reports. You know the drill — five more, count ’em! No, seriously, count ’em. We’re very tired today and may have miscounted.
Details about the project have been hard to come by over the past few months, but here’s what we know: What Since the beginning , Hughes has said that Jumo is “an online platform to connect individuals and organizations working to change the world.&# Argentina, France, India, or Kenya?&#
Spanish on-demand delivery platform Glovo today announced plans to double its investment in Africa and expand its operations on the continent. After its mammoth $528 million Series F raise , it acquired several of Delivery Hero’s businesses in Central and Eastern Europe for $208 million.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content