TechCrunch

MARCH 3, 2021

Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class. million in debt from Banco Sabadell Mexico — brings minu’s total raised since its 2019 inception to a total of $20 million. .

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TechCrunch

DECEMBER 2, 2020

Given the attention that TechCrunch pays to Y Combinator’s Demo Days , we also try to keep tabs on the same startups as they scale and raise more capital. Today we’re taking a look at Heru , a startup based in Mexico City that is announcing a $1.7 million raise after taking part in YC’s Summer 2019 session.

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TechCrunch

SEPTEMBER 30, 2021

Just six months after raising $3.3 million in seed funding , Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel. In Mexico, small businesses mostly handle payables with nothing more than spreadsheets and email and legacy bank accounts,” CEO Corcuera said. .

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TechCrunch

SEPTEMBER 1, 2021

Flat.mx, which wants to build a real estate “super app” for Latin America, has closed on a $20 million Series A round of funding. had raised a total $10 million in equity and $25 million in debt. Founded in July 2019, Mexico City-based Flat.mx Flat, a Mexican property tech startup, raises $4.6M Previously, Flat.mx

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TechCrunch

FEBRUARY 18, 2022

ICON, which creates homes using 3D printing, has raised an additional $185 million in a round led by Tiger Global Management, TechCrunch has learned exclusively. While the Austin-based company confirmed the latest raise, it declined to comment on its valuation or provide further details. and Mexico.

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TechCrunch

DECEMBER 8, 2020

With nearly half a million customers across Mexico and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a dominant player in Mexico’s emerging fintech industry. Valued at $10B, Nubank launches it’s Nu credit card in Mexico.

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Challenge Mexico Raise Brazil 96

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.

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TechCrunch

MARCH 10, 2021

Ramp raises $30M as the battle to own corporate spend heats up. The co-founders want to bridge the gap in technology-enabled financial services that they found in Mexico. Colyer worked for G2 after a stint at Stanford, eventually moving back to Mexico and working on a micromobility startup called Uva Scooters.

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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. Nuvemshop (also known as Tiendanube in Spanish speaking countries) aims to give entrepreneurs a way to build and grow online businesses.

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TechCrunch

JUNE 14, 2021

So, Campos set out to conduct a bigger sample of experiments, and raised about $10,000 via a crowdfunding campaign. With that money, she hired a developer to build a chatbot for her app, which was mostly being used via Facebook Messenger. Today, Yana is about to hit the 5 million-user mark and is also announcing it has raised $1.5

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TechCrunch

AUGUST 25, 2021

Flink , a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners. The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel. Since its 2017 inception, the startup has raised nearly $70 million.

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TechCrunch

FEBRUARY 25, 2021

In Mexico in particular, cash remains the dominant method of payment with an estimated 86% of all payments being in the form of cash. According to one recent study , Mexico topped the list of the world’s fastest growing e-commerce markets. And for the founders of Mexico City-based startup Stori , they spell opportunity.

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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.

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TechCrunch

FEBRUARY 16, 2023

In countries such as Mexico, it’s a much more difficult and less common endeavor. We all come from middle class families here in Mexico. Image Credits: Vexi Mexico City-b ased Vexi describes itself as a neobank but doesn’t offer checking or savings accounts — yet. is considered extremely high. It secured $3.7

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TechCrunch

AUGUST 31, 2021

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 Its initial focus is o n building solutions for telehealth, pharmacy and diagnostics. . Lee Fixel’s Addition is also an investor. But primarily, it will be used for hiring.

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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. What Tuna is building will help companies navigate the situation and make it easier for more customers to buy online.

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TechCrunch

MAY 11, 2022

The raise follows a year of strong growth, according to the company, which saw its revenue increase by “well over 20x” in 2021. With this latest raise, Habi says it has become the second unicorn in Colombia and only LatAm unicorn with a female founder and CEO , according to Crunchbase.

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TechCrunch

NOVEMBER 10, 2022

Launched in 2021, the Mexico-based company works with over 70 producers to “rescue” food and delivers it to consumers. Heinvirta said it is possible to build a grocery delivery business with positive unit economics. million in pre-seed funding to expand its program across Mexico City. Today, it announces $1.1

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Fast Company Tech

MARCH 18, 2025

Meanwhile, beverage giant Diageo expanded regenerative farming in Ireland for Guinnesss barley, Scotland for whisky grains, and Mexico for the agave used to produce its tequilas. This, Arable says, allows it to custom-tailor farming down to the individual field or hyperlocal weather level. households.

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TechCrunch

DECEMBER 18, 2020

When an accident on a building site resulted in the death of their friend, the founders of Safesight were inspired to launch the platform to digitize safety programs for construction. To date, it has raised $20.5 Foresight now covers Nevada, Oklahoma, Arizona, Arkansas, Louisiana and New Mexico.

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TechCrunch

AUGUST 12, 2021

The Mexico-based company closed on $20 million in seed funding, co-led by ALLVP and Mountain Nazca, with participation from CoVenture, Victory Park Capital, GFC, QED (Fontes), Korify Capital and Endeavor Catalyst. The seed financing enables Wonder Brands to invest in building a team to focus on the four support areas and marketing.

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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 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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TechCrunch

APRIL 19, 2023

One San Francisco-based startup has emerged that wants to not only give travelers more options, but make traveling more affordable, and it’s just raised $15 million toward that goal. Kindred is building a members-only network to allow people to essentially exchange homes. To date, the startup has raised a total of $26.75

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TechCrunch

MARCH 4, 2021

Berkeley-based fintech Flourish has raised $1.5 The pair bonded on their joint mission of building a business that empowered people to create positive money habits and understand their finances. Mexico and Brazil. -based investors backing Latin American startups. based startups. Moura came to the U.S.

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The Verge

MARCH 9, 2021

Her face has recently been seen on murals, video projections on buildings, illustrations shared on social networks, and missing persons posters. Since January 9th, her family has been looking for her across Mexico. A mural of Wendy Sánchez outside El Gallo restaurant in San Francisco (San Pancho), Nayarit, Mexico. “We

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TechCrunch

JANUARY 14, 2021

Healthcare systems are always looking for ways to save money, and a startup called Lumiata has just raised $14 million to continue building out its service that aims to help them do it. . The company, already backed by Khosla Ventures and Blue Venture Fund , raised its latest round from Defy.vc and AllegisNL Capital. .

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TechCrunch

MAY 26, 2021

Notably, the round triples the company’s valuation to $1.875 billion compared to its $625 million valuation at the time of its Series C raise last September. Its platform aims to give SMBs the ability to run their businesses “from building a brand to taking payments and everything in-between.”

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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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TechCrunch

JUNE 1, 2021

And now the Brazilian regtech has raised $38 million in a Series C round led by Endurance. GGV Capital, monashees, Canary, Qualcomm Ventures LLC, ONEVC, Peninsula and Norte also participated in the funding, bringing its total raised to nearly $50 million. Its investors are, naturally, bullish. ”

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TechCrunch

FEBRUARY 15, 2022

Mundi, a financial services platform for cross-border trade, announced today it has raised $16 million in a Series A funding round led by Union Square Ventures. . While it is remote first, Mundi does have operations in Mexico City. The startup built its platform from scratch with the goal of underwriting SME exporters in Mexico.

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TechCrunch

MARCH 4, 2021

And today, it announced that it has raised $6 million in Series A funding. Indeed, one of its next steps is expanding across Latin America, starting with Mexico and then Peru. You’ll hear first-hand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.

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TechCrunch

FEBRUARY 2, 2022

Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. The round comes less than a year after Melonn raised a pre-seed round from NFX.

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TechCrunch

OCTOBER 12, 2021

Nelo , a startup founded by former Uber international growth team leads, began offering buy now, pay later services to Mexico earlier this year. And it has just raised $20 million in an effort to help it advance on that goal. With the latest Series A financing, Nelo has raised a total of $25.6 million since its 2019 inception.

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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 Mexico looks like another promising market for instance. Image Credits: Swile.

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TechCrunch

SEPTEMBER 12, 2022

Alima , a Mexico-based supply chain startup, raised $1.5 The market for fresh produce in Mexico is expected to grow by $4 billion over the next four years, so Vizcayno and co-founder Blanca Espinosa started Alima in June 2021 to help solve these problems in anticipation of that growth.

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TechCrunch

MAY 26, 2021

The startup, which provides corporate cards to Mexican companies, raised funds earlier this year when it was busy launching its product. Since then, growth has proven rapid for the Mexico City-based company. The short gist is that the company’s growth, and market, allowed it to raise easily.

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TechCrunch

JULY 6, 2021

Today, one of such, MAGIC Fund , a global collective of founders, is announcing that it has raised a second fund of $30 million to continue backing early-stage startups across Africa, Europe, Latin America, North America, and Southeast Asia. I was pitching on the day, but I was also listening to other pitches. Some MAGIC portfolio companies.

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