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Brazil’s Nuvemshop raises $500M at a $3.1B valuation months after last raise

TechCrunch

AUGUST 17, 2021

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.

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Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D

TechCrunch

MARCH 22, 2021

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. Having just raised $30 million in a Series C round in October and achieving profitability in 2020, the Nuvemshop team was not looking for more capital.

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Raise Argentina Brazil America

Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

TechCrunch

MAY 12, 2021

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.

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VU raises $12M to remove cybersecurity friction from digital experiences

TechCrunch

JULY 12, 2021

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.

Digital

Digital Experiment Argentina Raise

Web creator Tim Berners-Lee’s startup Inrupt raises $30 million

TechCrunch

DECEMBER 9, 2021

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. Inrupt’s customers include governments and enterprises.

Web

Web Raise Argentina Sweden

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

TechCrunch

MAY 24, 2021

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.

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Fund Raise Argentina Uruguay

Mexican unicorn Kavak raises a $485M Series D at a $4B valuation

TechCrunch

APRIL 7, 2021

Kavak , the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. The round was led by D1 Capital Partners, Founders Fund, Ribbit and BOND, and brings Kavak’s total capital raised to date to more than $900 million.

Brazil

Brazil Mexico Argentina Raise

Tuna raises $3M to address complexity of e-commerce payments in Latin America

TechCrunch

AUGUST 26, 2021

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.

America

America Brazil Raise Argentina

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

TechCrunch

AUGUST 2, 2021

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. That has more than validated that there will be more money in coming years, Mayer added.

Argentina

Argentina Fund America Brazil

Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage

TechCrunch

MARCH 25, 2021

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.

Digital

Digital San Francisco Tech Brazil

Elder tech company, Papa, raises $60M Led by Tiger Global

TechCrunch

APRIL 13, 2021

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. I started Papa originally to help my grandfather – who we called Papa – who came from Argentina.

Global

Global Tech Companies Raise

Tiger Global, YC back Rebill’s subscription payment platform for Latin America

TechCrunch

AUGUST 18, 2022

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. Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies.

America

America Argentina Global Colombia

Tim Berners-Lee’s startup Inrupt in talks to raise over $30 million

TechCrunch

OCTOBER 28, 2021

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. The startup has signed contracts with governments of Sweden, Argentina and Basque. These partnerships have not been previously reported.

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Raise Argentina Sweden Government

As edtech evolves, LatAm reskilling platforms raise millions to bring outcomes into the mix

TechCrunch

AUGUST 5, 2021

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. The company announced this week that it has raised a $13.5 Crehana announced today that it has raised a $70 million Series B just months after a $13 million Series A extension round.

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Platform Raise Student Skills

With backers like Tiger Global, LatAm crypto exchange Bitso raises $250M at a $2.2B valuation

TechCrunch

MAY 5, 2021

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.

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clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm

TechCrunch

MAY 23, 2022

Argentina-based clicOH is the latest shipping technology company attracting venture capital funding, raising $25 million in Series A funding in a round led by Tiger Global. ClicOH is among a number of startups raising funding as they develop e-commerce infrastructure to grab a piece of this burgeoning market in Latin America.

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Beeflow raises $8.3 million to save the bees AND put them to work

TechCrunch

JUNE 29, 2021

The startup was founded by Matias Viel, who is from Argentina, and is mostly operational in Latin America and the West Coast of the U.S., Bee keepers do not pay for Beeflow’s technology, but do hand over the rights to their relationships with farmers. with plans to expand to the East Coast and Mexico.

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Work Argentina Raise Mexico

AutoCloud raises $4M to commercialize its OSS cloud visualization service

TechCrunch

NOVEMBER 22, 2021

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

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Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank

TechCrunch

JULY 1, 2021

Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round values 2TM Group , Mercado Bitcoin’s non-operating parent company, at $2.1 billion, ranking it among the top 10 unicorns in Latin America. .

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Osana Salud raises $20M to build API-connected infrastructure for the LatAm healthcare industry

TechCrunch

AUGUST 31, 2021

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.

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

TechCrunch

JULY 21, 2022

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.

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Nat4bio makes food-grade coating to protect fruit from microscopic threat

TechCrunch

OCTOBER 19, 2022

The company is currently targeting produce grown in Latin American, including its native Argentina, as well as Chile, Peru and — potentially — Mexico. He met the other two founders as part of a company-building exercise run by Argentina-based Incubator/VC, Green Exponential.

Argentina

Argentina Peru Chile Green

Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

TechCrunch

OCTOBER 21, 2021

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.

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Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B

TechCrunch

SEPTEMBER 21, 2021

Kavak , a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 The startup currently has 40 logistic and reconditioning hubs in Mexico, Brazil and Argentina.

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

TechCrunch

JULY 12, 2022

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.

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Fund Pakistan Problem Raise

Mudafy raises $10M in Founders Fund-led Series A to fix LatAm’s ‘broken’ real estate process

TechCrunch

AUGUST 2, 2022

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. IDC Ventures also participated in its latest funding round.

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Argentine fintech Ualá lands $350M at a $2.45B valuation in SoftBank, Tencent-led round

TechCrunch

AUGUST 13, 2021

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.

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Where and when to spend your recently raised dollars

TechCrunch

OCTOBER 1, 2021

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.

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Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab

TechCrunch

APRIL 28, 2021

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

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Andreessen, Atlántico, MAYA Capital add some dough to Fudo’s restaurant tech recipe

TechCrunch

AUGUST 19, 2022

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.” Today, the company has a team of more than 70 employees in Argentina, Chile, Mexico, Colombia and Brazil.

Argentina

Argentina Mexico Chile Colombia

With investors expecting a Latin American cryptocurrency boom, Mexico’s Bitso raises $62 million

TechCrunch

DECEMBER 9, 2020

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). .

Mexico

Mexico Brazil America Argentina

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

TechCrunch

FEBRUARY 10, 2022

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. It also invested in Brazilian social grocery commerce company Favo , which raised a $26.5

America

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Skydropx taps new funding to expand logistics automation across Latin America

TechCrunch

OCTOBER 26, 2021

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.

America

America Fund Mexico Peru

Playvox scores $25M Series A and acquires Australian startup Agyle Time

TechCrunch

JANUARY 27, 2021

It has now raised $34 million. Giraldo got the idea for the business nine years ago when he was working as a software engineer in Argentina and toured some customer service centers, where he observed a lot of disgruntled and unhappy employees. Customer support startup Gorgias raises $25M.

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NotCo gets its horn following $235M round to expand plant-based food products

TechCrunch

JULY 26, 2021

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. Currently, the company has four product lines: NotMilk, NotBurger and NotMeat, NoticeCream and NotMayo, which are available in the five countries of the U.S.,

Chile

Chile Product Argentina Colombia

Kaszek earmarks nearly $1B in new funds for Latin American startups

TechCrunch

APRIL 3, 2023

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.

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Fund Uruguay Ecuador Peru

Payments, lending and neobanks rule fintechs in emerging markets, report says

TechCrunch

MAY 6, 2021

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.

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Report Marketing Africa India

New Zealand’s Humble Bee Bio is using bees to create bioplastics

TechCrunch

MAY 26, 2022

Humble Bee, which just raised $3.2 ” With Humble Bee’s most recent raise, the company is aiming to hire another senior scientist and continue funding its outsourced R&D. Mexico and Argentina where there’s existing infrastructure in the space. “It’s resistant to acids and bases. .”

New Zealand

New Zealand Create Argentina Thailand

Henry picks up cash to be a Lambda School for Latin America

TechCrunch

DECEMBER 3, 2020

To make the school more affordable, Henry looks to take on the same strategy used by Lambda School, a YC-graduate that has raised over $122 million in known funding: income-share agreements. Currently, Henry has graduated 200 students and is working with 600 students across Colombia, Chile, Uruguay and Argentina.

America

America Student Uruguay Skills

SoftBank commits $3B more to investing in Latin American tech companies

TechCrunch

SEPTEMBER 14, 2021

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

Companies

Companies Tech America Brazil

E-commerce aggregator Merama gets its horn after just 12 months in business

TechCrunch

DECEMBER 9, 2021

At the time, the company touted it as “the largest Series B round ever raised in Latin America.”. In total, the company has raised $445 million, of which $345 million is equity and $100 million is debt. The latest funding will enable the company to expand into Argentina and the United States.

Aggregator

Aggregator Chile America Brazil

Wonder Brands’ pivot to acquiring e-commerce infrastructure pays off

TechCrunch

AUGUST 17, 2023

At the time, Wonder Brands raised $20 million in venture capital. SellerX acquires US e-commerce roll-up rival Elevate Brands in an all-share deal, raises $64M+ Achieving growth Wonder Brands uses data from online marketplaces to create products. In 2021, the e-commerce roll-up, or aggregator, scene was in full force.

South America

South America Aggregator Mexico Uruguay

Edge computing startup Macrometa gets $20M Series A led by Pelion Venture Partners

TechCrunch

JUNE 15, 2021

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.

Bulgaria

Bulgaria Greece Portugal Argentina

Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

TechCrunch

JANUARY 10, 2022

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). Kodland’s remote courses for children aged 6-17 are currently available in the U.K., Ireland, the U.S.,

Teach

Teach Skills Digital Online

Brazil’s Nuvemshop raises $500M at a $3.1B valuation months after last raise

Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D

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Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

Webinars

VU raises $12M to remove cybersecurity friction from digital experiences

Web creator Tim Berners-Lee’s startup Inrupt raises $30 million

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

Mexican unicorn Kavak raises a $485M Series D at a $4B valuation

Tuna raises $3M to address complexity of e-commerce payments in Latin America

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

Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage

Elder tech company, Papa, raises $60M Led by Tiger Global

Tiger Global, YC back Rebill’s subscription payment platform for Latin America

Tim Berners-Lee’s startup Inrupt in talks to raise over $30 million

As edtech evolves, LatAm reskilling platforms raise millions to bring outcomes into the mix

With backers like Tiger Global, LatAm crypto exchange Bitso raises $250M at a $2.2B valuation

clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm

Beeflow raises $8.3 million to save the bees AND put them to work

AutoCloud raises $4M to commercialize its OSS cloud visualization service

Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank

Osana Salud raises $20M to build API-connected infrastructure for the LatAm healthcare industry

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

Nat4bio makes food-grade coating to protect fruit from microscopic threat

Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B

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

Mudafy raises $10M in Founders Fund-led Series A to fix LatAm’s ‘broken’ real estate process

Argentine fintech Ualá lands $350M at a $2.45B valuation in SoftBank, Tencent-led round

Where and when to spend your recently raised dollars

Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab

Andreessen, Atlántico, MAYA Capital add some dough to Fudo’s restaurant tech recipe

With investors expecting a Latin American cryptocurrency boom, Mexico’s Bitso raises $62 million

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

Skydropx taps new funding to expand logistics automation across Latin America

Playvox scores $25M Series A and acquires Australian startup Agyle Time

NotCo gets its horn following $235M round to expand plant-based food products

Kaszek earmarks nearly $1B in new funds for Latin American startups

Payments, lending and neobanks rule fintechs in emerging markets, report says

New Zealand’s Humble Bee Bio is using bees to create bioplastics

Henry picks up cash to be a Lambda School for Latin America

SoftBank commits $3B more to investing in Latin American tech companies

E-commerce aggregator Merama gets its horn after just 12 months in business

Wonder Brands’ pivot to acquiring e-commerce infrastructure pays off

Edge computing startup Macrometa gets $20M Series A led by Pelion Venture Partners

Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

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