TechCrunch

NOVEMBER 17, 2021

In an interview, the startup described Brazil as a hostile market for payments, with a quarter of transactions failing and merchants paying a multiple of what they pay in other markets to process payments. Alex Vilhena says they take a 1% cut while saving teams up to 30% in processing fees and have processed over $230,000 to date.

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TechCrunch

JUNE 30, 2022

The investors raised $40 million for their first fund after starting the firm in 2018 and have now closed on $100 million in capital commitments for MAYA’s second fund. With their first fund, they backed over 29 companies in 12 sectors across Brazil, Mexico, Colombia and Chile. Women make up just 2.4%

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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. We will work with very few brands over time, and only the best, and work with our entire team to scale and expand these few businesses,” Tyle told TechCrunch.

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TechCrunch

APRIL 3, 2023

Kaszek Ventures , one of Latin America’s first venture firms, has raised $975 million across two funds. Specifically, the São Paulo-based firm has closed on Kaszek Ventures VI, a $540 million early-stage fund and Kaszek Ventures Opportunity-III (KVO-III), a $435 million vehicle for later stage investments. billion in capital.

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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. We were not the biggest or the most seasoned fund, but were emerging managers.

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TechCrunch

AUGUST 26, 2021

Alex Tabor, Paul Ascher and Juan Pascual met each other on the engineering team of Peixe Urbano, a company Tabor co-founded and he referred to as a “Groupon for Brazil.” In Brazil alone, e-commerce sales grew 73.88% in 2020, but Toledo said there was much room for improvement.

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TechCrunch

NOVEMBER 10, 2021

Childhood friends David Grandes and Andres Andrade, both originally from Ecuador, started Mimic in 2018 in Brazil as a dark kitchen-as-a-service, specializing in producing food at scale with online channel sales. The funding enables us to round out our product and our teams.

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TechCrunch

NOVEMBER 1, 2020

million seed round led by Passion Capital, with plans to expand in South America, where it recently launched in Brazil. Warren’s seed funding also included participation from Lemonade Stand and angel investors like former Nokia vice president Paul Melin and Marek Kiisa, co-founder of funds Superangel and NordicNinja.

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TechCrunch

SEPTEMBER 14, 2021

Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. SoftBank is launching the new fund with an initial $3 billion commitment. billion in 48 companies with a fair value of $6.9

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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

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TechCrunch

MARCH 23, 2021

But in Brazil, where no MLS exists, the challenge of digitizing real estate is even greater. This morning, digital real estate platform Loft announced it has closed on $425 million in Series D funding led by New York-based D1 Capital Partners. In particular, it’s significantly beefed up its tech team, according to Pencz.

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TechCrunch

DECEMBER 1, 2021

Costanoa Ventures is seeing some of its best returns yet as it closed on two new funds, Costanoa Fund IV, a $225 million early-stage fund, and Opportunity Fund II, a $115 million funding investing in later rounds of portfolio companies. Each fund since then has been better than the one before it, he added.

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TechCrunch

SEPTEMBER 23, 2021

Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. ” The $90 million funding raised is a combination of debt and equity, $45 million each. Brazil, Pakistan, and the Philippines. ” More than 1.5

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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 Secondly, the company believes the funding makes it the most valuable crypto platform in Latin America. The news caught our attention for several reasons. Image Credits: Bitso.

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TechCrunch

OCTOBER 26, 2021

Pipefy , a “low-code” workflow management SaaS startup, announced today that it has raised $75 million in Series C funding. SoftBank Latin America Fund led the financing with a $50 million contribution, bringing Pipefy’s total raised to $138.7 Since it originated in Brazil, it already has strong brand visibility in the country.

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TechCrunch

JUNE 1, 2021

GGV Capital, monashees, Canary, Qualcomm Ventures LLC, ONEVC, Peninsula and Norte also participated in the funding, bringing its total raised to nearly $50 million. Our mission is to always stay ahead of innovation in our market, and that’s why we invest so much in growth and in building the best possible team to develop our products.”.

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TechCrunch

FEBRUARY 11, 2021

The company, based in Bogotá, Colombia and currently sporting a team of 13, is working to bring digital transformation to the smallest of enterprises: namely single-operator small stores. The startup has runway to get it through the end of Summer 2021, and big plans.

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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. Luxor Capital led its $41 million Series B round, which also counted Founders Fund and several other previous investors as backers. That investment values the startup at $850 million.

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Brazil Raise Social America 99

TechCrunch

JUNE 14, 2021

He’d brought on two co-founders, assembled ambitious engineering and operations teams, raised $2 million in seed funding from Sequoia and Kaszek, rented a tiny office in São Paulo, and was armed with a mission to deliver the kind of banking services that customers in a market as large and lucrative as Brazil’s should expect.

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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. billion in 2023. “In

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TechCrunch

DECEMBER 23, 2021

The round was co-led by Brazil-based Echo Capital and Oria Capital , with participation from TPG Capital , Argonautic Ventures , and others. According to the company, it has raised R$360 million in equity funding to date. In contrast, it is currently present on 1,500 building sites across Brazil. C commitment. ”

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TechCrunch

MARCH 10, 2021

They’re also investing in funds. Today, Volpe Capital announced the $80 million first close of its fund targeting high growth technology investments in Latin America. Volpe also received a “large anchor investment” from its management team. Global investors are not only pouring money into companies.

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TechCrunch

OCTOBER 5, 2021

This caught the attention of second-time entrepreneurs Bruno Ballardie and Fernando Zanatta, who started ZAX in 2019 to develop a platform that unites freight, delivery and payments tools to connect sellers and buyers in Brazil. ZAX’s addressable market for B2B transactions, just in Brazil, is estimated to be BRL 2.4 trillion, or $445.6

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TechCrunch

MAY 26, 2022

Gradient Ventures, Google’s AI fund, led OlaClick’s $4.4 “In Brazil, Instagram is very popular, too, so many restaurants are using Instagram as a channel with us,” he said. Rico said the startup will deploy the fresh funds to expand its engineering and product team and broaden the offerings to restaurant partners.

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TechCrunch

MARCH 9, 2022

Mara, a São Paulo-based startup that aims to “reinvent” the grocery shopping experience for the underserved in Latin America, has raised $6 million in a funding round co-led by Canary and Caffeinated Capital. It’s teaming up with local merchants, who not only serve as a pickup point, but help provide awareness about Mara’s service. .

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TechCrunch

JANUARY 3, 2022

million in a funding round led by SoftBank Latin America Fund. It is, in particular, good for agencies who want to deliver faster results or for non-technical departments that need to iterate faster but depend on centralized engineering teams to implement everything, according to Costa.

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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. “That was a pretty strong signal for us to end up taking this [funding].

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TechCrunch

JULY 29, 2021

Merqueo , which operates a full-stack, on-demand delivery service in Latin America, has landed $50 million in a Series C round of funding. It currently operates in more than 25 cities in Colombia, Mexico and Brazil and has over 600,000 users. Image Credits: Merqueo. It must be doing something right. EU or China, for example.

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TechCrunch

APRIL 5, 2021

Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team. Last year, Cora got its license approved from the Central Bank of Brazil, making it a 403 bank. The combination of these factors makes Brazil an especially attractive market for Cora to launch in and disrupt,” Kostov told TechCrunch.

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TechCrunch

JULY 26, 2021

NotCo , a food technology company making plant-based milk and meat replacements, wrapped up another funding round this year, a $235 million Series D round that gives it a $1.5 This funding round follows an undisclosed investment in June from Shake Shack founder Danny Meyer through his firm EHI. Brazil, Argentina, Chile and Colombia.

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TechCrunch

MAY 28, 2021

But in markets like Brazil, the idea is still considered relatively novel. We spent two months studying possible paths, talking to people and investors in the United States, Brazil and Mexico, until we came up with the idea of creating an insurance company that can modernize the sector, starting with auto insurance.”. Here in the U.S.

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TechCrunch

AUGUST 4, 2022

The financing marks the company’s first ever institutional funding. The company plans to use its new funding to continue to build out its technology infrastructure and expand to, and in, other countries in the region, such as Brazil, where it recently launched. Endeavor Catalyst also participated in the financing.

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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. Looking ahead, the Open Co team is refreshingly transparent regarding financials.

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TechCrunch

JUNE 1, 2021

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. In May 2020, Belvo raised a $10 million seed round c o-led by Silicon Valley’s Founders Fund and Argentina’s Kaszek. Belvo currently operates in Mexico, Colombia and Brazil. .

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TechCrunch

AUGUST 30, 2021

People often ask me: How are consumers different in Brazil? Big funds are now dedicating resources to exclusively targeting Latin America, from SoftBank creating a region-specific fund, to Sequoia saying it will pay more attention to the region. Every top university in Brazil has a pool of angels.

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TechCrunch

MAY 12, 2021

million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). For now, Divibank is focused on Brazil, considering the country is huge and has more than 11 million SMEs “with many growth opportunities to explore,” according to Taboada. Clearbanc rebrands its way into a unicorn. “We

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Brazil Raise San Francisco America 86

TechCrunch

JUNE 8, 2021

In a statement made to TechCrunch at the time, Dispo said, “Dispo’s team, product, and most importantly — our community — stand for building a diverse, inclusive and empowering world.”. Though Axios reported the app’s $20 million Series A funding news in February, Dispo put out a press release this morning confirming the financing event.

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