TechCrunch

MARCH 22, 2021

With more people in Latin America getting used to making purchases digitally, the company has experienced a major surge in business over the past year. 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. billion in 2023. “In

Raise 108

Raise Argentina Brazil America 108

TechCrunch

APRIL 7, 2021

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. Kavak recently soft-launched in Brazil, and this new round of funding will be used to build out the Brazilian market and beyond, said Carlos García Ottati, Kavak’s CEO and co-founder.

Brazil 97

Brazil Mexico Argentina Raise 97

TechCrunch

MARCH 23, 2021

Buying and selling residential real estate is a complex business, no matter where you live. But in Brazil, where no MLS exists, the challenge of digitizing real estate is even greater. billion, a huge jump from its being just near unicorn territory in January 2020, when it raised a $175 million Series C.

Brazil 104

Brazil Raise Platform United States 104

TechCrunch

AUGUST 24, 2021

Cora , a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. It’s also notable that São Paulo-based Cora only raised its $26.7 It’s also notable that São Paulo-based Cora only raised its $26.7 The startup has now raised a total of $152.7

Brazil 96

Brazil Global Raise License 96

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.

Global 100

Global Brazil Mexico Raise 100

TechCrunch

JANUARY 3, 2022

Ribbit Capital, a venture firm best known for its fintech investments, has raised $1.15 The amount is significantly higher than the $750 million the firm was said to be raising in March of 2021. The amount is significantly higher than the $750 million the firm was said to be raising in March of 2021. billion as well.

Files 100

Files Fund Raise North America 100

TechCrunch

JULY 21, 2021

The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80 million since inception. It plans to use the new capital mostly to continue acquiring e-commerce brands across Mexico, Brazil and Colombia as well as to do more hiring.

Raise 101

Raise Mexico United Kingdom Colombia 101

TechCrunch

NOVEMBER 16, 2021

Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year. None of the financings had been previously announced and all were raised over the past 12 months. That investment values the startup at $850 million. Image Credits: Facily.

Brazil 99

Brazil Raise Social America 99

TechCrunch

FEBRUARY 15, 2023

It would appear that OpenAI’s Chat GPT allying with Bing will not be the only threat to Google’s search business model in the future. With its release of WhatsApp Business app (WAB), Meta is effectively building a sort of rival search engine to Google to keep us all inside the app. While this may not trouble U.S. per month).

Business 106

Business Philippines Europe Phone 106

TechCrunch

MAY 12, 2021

Divibank , a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 The company has built a data-driven financing platform aimed at giving businesses access to non-dilutive capital to finance their growth via revenue-share financing. Customers include Dr. Jones, CapaCard and Foodz, among others.

Brazil 86

Brazil Raise San Francisco America 86

TechCrunch

OCTOBER 11, 2021

French startup Swile has raised a $200 million Series D funding round led by SoftBank International Group. This is a significant round for the company as it keeps raising bigger rounds year after year. Swile raised a Series A round of $17.4 Swile has acquired Sweevana for that part of the business.

Benefit 105

Benefit France Raise Brazil 105

TechCrunch

AUGUST 3, 2021

InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. With the latest round, São Paulo-based InstaCarro has now raised more than $56 million since its 2015 inception. The pandemic forced us to reinvent our business model.

Brazil 102

Brazil Digital Fund Indonesia 102

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. Founded by brothers Gustavo and Mauricio Chamati in 2013, Mercado Bitcoin was the first crypto exchange in Brazil. billion, ranking it among the top 10 unicorns in Latin America. .

Raise 103

Raise Brazil America Mexico 103

TechCrunch

OCTOBER 27, 2021

In June, Nu raised a $750 million round led by Berkshire Hathaway at a $30 billion valuation, making it one of the most valuable unicorns in the world. Since its 2013 inception, Nu has raised $2.3 Since its 2013 inception, Nu has raised $2.3 TechCrunch dug deep into Nu in this series earlier this year. We’ll know soon enough.

Files 125

Files Public Brazil Colombia 125

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. The raise brings Digital House’s total funding raised to more than $80 million since its 2016 inception. Riverwood has an office in São Paulo).

Digital 90

Digital San Francisco Tech Brazil 90

TechCrunch

MARCH 17, 2021

OctoML , a Seattle-based startup that offers a machine learning acceleration platform build on top of the open-source Apache TVM compiler framework project , today announced that it has raised a $28 million Series B funding round led by Addition. We were planning on starting to raise money right about now. Image Credits: OctoML.

Platform 100

Platform Raise Learning Brazil 100

TechCrunch

FEBRUARY 3, 2022

Digibee , a low-code integration platform, is doing what all low-code integration platforms are apparently doing right now: raising funding. The company today announced that it has raised a $25 million Series A round led by SoftBank Latin America Fund. Brazil-based Kinea and G2D Investments also participated in this round.

Integration 90

Integration Platform Raise America 90

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. Pomelo’s goal is to solve the problem by creating a new generation of financial services infrastructure that allows companies to build a fintech business and launch cards “much faster” throughout Latin America.

Build 107

Build Argentina Raise America 107

TechCrunch

MARCH 10, 2021

Andre Maciel, Gregory Reider and Milena Oliveira are the fund’s founding partners, and are based in Sao Paulo, Brazil. Maciel said the fund’s raise was “significantly oversubscribed with firm commitments” and believed to be “ among the best capital raises for a first-time fund in its asset class in Latin America.”

Raise 82

Raise Brazil America Fund 82

TechCrunch

JULY 28, 2021

Pipo Saude , a startup that developed a platform that sells and manages healthcare benefits for Brazilian companies, has raised $20 million in a Series A round of funding. Nubank co-founder and CEO David Velez and Cedar co-founder and CEO Florian Otto (and former CEO of Groupon in Brazil) also joined in the round. Pipo Saude raises $4.6

Brazil 101

Brazil Benefit Digital Fund 101

TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Convertedin’s revenues from these businesses have been growing in “double-digits” month-over-month, Fergany said.

Saudi Arabia 104

Saudi Arabia America Raise Offline 104

TechCrunch

OCTOBER 13, 2020

After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. and managing director at Qualcomm Ventures Latin America.

Raise 93

Raise America Peru Colombia 93

TechCrunch

APRIL 8, 2022

T ruora , a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. That March, it raised $3.5 The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Eventually, it also wants to expand further in Brazil.

Colombia 100

Colombia Business Help Mexico 100

TechCrunch

DECEMBER 8, 2020

And the company has recently raised another $45 million to consolidate its position. That’s a path that has already produced one multi-billion-dollar business in Nubank, Brazil’s wildly successful fintech company, which planted a flag for a new generation of Latin American startups.

Challenge 96

Challenge Mexico Raise Brazil 96

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.

Fund 97

Fund Raise Argentina Uruguay 97

TechCrunch

FEBRUARY 23, 2021

It’s now raised a $3 million seed round led by Fly Ventures and solar entrepreneur Nick Boyle, while previous investor Metavallon VC is also participating. Tech investors see bugs as a big business as Ÿnsect raises $125 million. It turns out, where there are flies, there’s brass.

Raise 98

Raise Feeds Brazil China 98

TechCrunch

APRIL 5, 2021

Cora , a São Paulo-based technology-enabled lender to small-and-medium-sized businesses, has raised $26.7 Kaszek Ventures, QED Investors and Greenoaks Capital also participated in the financing, which brings the startup’s total raised to $36.7 Meanwhile, the number of new small businesses in the country continues to grow.

Brazil 88

Brazil Digital America License 88

TechCrunch

APRIL 5, 2021

It has raised a total of $22.85 Widen, who is Swedish, moved to Brazil about 10 years ago for personal reasons, and while there, was pitched the idea of FinanZero by Webrok Ventures, an investment company focused on bringing Nordic innovation to Brazil. . million to date. We are close to 3 million visits per month, about 1.5

Online 80

Online Free Brazil Raise 80

TechCrunch

MARCH 7, 2022

Cayena founders Gabriel Sendacz, Pedro Carvalho and Raymond Shayo believe injecting technology into procurement will make the process much simpler for food preparation facilities, like restaurants, bars, bakeries, hotels and dark kitchens, in their home country of Brazil and across the region. Image Credits: Cayena.

Business 69

Business Brazil America United States 69

TechCrunch

SEPTEMBER 8, 2021

In late May, the startup announced it had raised $35 million in an equity round led by Union Square’s Opportunity Fund, and $30 million in debt funding from Architect Capital. Addi is currently available for e-commerce, mobile and brick-and-mortar purchases in Brazil and Colombia, with plans to expand across Latin America in the coming years.

Raise 92

Raise Colombia America Brazil 92

TechCrunch

DECEMBER 9, 2021

The investment follows a $225 million Series B investment , announced in September, that put the Mexico- and Brazil based-company at an $850 million valuation. At the time, the company touted it as “the largest Series B round ever raised in Latin America.”.

Aggregator 92

Aggregator Chile America Brazil 92

TechCrunch

DECEMBER 15, 2021

For decades, Brazil has had a huge credit problem. To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. The consumer lending market in Brazil is massive,” Reiss told TechCrunch.

Open 80

Open Brazil Raise America 80

TechCrunch

FEBRUARY 8, 2021

InEvent , a startup powering virtual and hybrid events, is announcing that it has raised $2 million in seed funding from Storm Ventures. CEO Pedro Góes told me that even in a world of more established and better-funded platforms, his team sees an opportunity to break out by focusing on business-to-business events.

Conference 86

Conference Virtual Platform Raise 86

TechCrunch

DECEMBER 15, 2021

Kann was inspired to start Papaya after growing up in Brazil, where a similar payment technology already exists. . We saw a huge business opportunity with mobile bill payments.”. It also claims to help businesses of all sizes in all industries as well as governments and municipalities get paid faster and more often. ”

Mobile 96

Mobile Los Angeles Las Vegas Raise 96

TechCrunch

JUNE 2, 2021

Today, one of those startups has raised a significant round of funding to help it achieve its goals. Existing backers Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft and Expansion Capital also put money in the round, which brings Yieldstreet’s total raised to $278.5 This is not just a U.S.

Public 98

Public Raise Malta Greece 98

TechCrunch

OCTOBER 15, 2020

Over the last five years, Brazil has witnessed a startup boom. Many people are unaware that Brazil has the largest Black population in any country outside of Africa. As with counterparts in the United States, Brazil’s Black founders have less access to capital. Like counterparts in the U.S.

America 109

America Brazil United Kingdom United States 109

TechCrunch

MAY 27, 2021

Brazil’s QuintoAndar, which has developed a real estate marketplace focused on rentals and sales, has seen impressive growth in recent years. For one, the valuation – high by any standards but especially for a LatAm company – represents an increase of four times from when QuintoAndar raised a $250 million Series D in September 2019.

Brazil 96

Brazil America Phase Fund 96