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. The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Founded in August 2018, Truora was originally focused on background checks for gigster platforms.

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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

MAY 23, 2022

E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years , the current consumer demands to receive orders on time and packaged correctly will only increase. Joining them is JAM Fund and existing investors Flexport, FundersClub and Vast VC.

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TechCrunch

APRIL 20, 2022

PayU , the fintech business controlled by Prosus with operations in 50+ countries — it’s been described as the PayPal of emerging markets — announced a double-deal today to expand its presence in Latin America. It looks like Ding had never had any outside funding prior to getting spun out and scooped up.

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Nonprofit Tech for Good

FEBRUARY 28, 2021

By Allison Weber , founder of Allison Weber Consulting , a fundraising and communications business dedicated to helping mission-driven organizations tell better stories. Many corporate donors generously donate funds to GFN and global food banks, but fewer companies give targeted in-kind support that helps cover operational costs.

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TechCrunch

SEPTEMBER 2, 2021

While the pace of funding these days is unlike most of us have ever seen before, it’s pretty remarkable that Jeeves essentially signed the term sheet for its Series B just two months after closing on its Series A. The startup’s offering was live in Mexico and Canada and today launched in Colombia, the United Kingdom and Europe as a whole. .

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TechCrunch

OCTOBER 27, 2020

Founded by Enrique Villamarin Lafaurie and Juan Carlos Narváez, Tül’s technology connects construction manufacturers to the small businesses across Latin America that are responsible for handling half of the inventory for construction jobs in the region, Lafaurie said. And that’s just in Colombia alone, said Lafaurie.

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TechCrunch

MARCH 3, 2021

And from a business perspective, the Bottomless model has plusses. The startup’s business is a little complex. This unique vacuum-extraction coffee maker is Colombia’s own. As I write to you today, I think that my third bag of decaf has arrived. It’s a neat system. To make that happen, however, is not easy.

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TechCrunch

FEBRUARY 3, 2022

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia. .

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TechCrunch

MAY 24, 2022

Access to global supply chains can be difficult for small businesses in Latin America, but companies like Meru , which raised funding in March to source and import goods between Mexico and China, and now more recently Pandas , are tapping into overseas relationships and technology to make this easier. Pandas B2B marketplace.

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TechCrunch

MARCH 2, 2022

99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today $82 million in Series C funding, led by Oak HC/FT, with participation from existing investors Kaszek and Prosus Ventures. That interest didn’t happen before,” he added. “It

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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

NOVEMBER 22, 2021

Colombian e-commerce fulfillment startup Cubbo landed $4 million in seed funding as it launches operations in its home country this month after first going into Mexico earlier this year. In 2017, he started searching for his biological family in Colombia and reconnected with them. York’s backstory is quite interesting.

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TechCrunch

DECEMBER 9, 2021

It also comes a day after fellow LatAm e-commerce aggregator Quinio announced $20 million in initial funding to acquire some 30 companies. Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab. The latest funding will enable the company to expand into Argentina and the United States.

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TechCrunch

SEPTEMBER 21, 2021

Tiger Global, Spruce House, D1, SEA, Founders Fund, Ribbit Capital, SoftBank and others also participated in the latest financing. Clearly, the company’s business model seems to be working. Cambridge, Massachusetts-based General Catalyst led Kavak’s Series E, which brings the company’s total raised to over $1.5

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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. The financing brings the Bogota, Colombia-based startup’s total raised to $85 million since its 2017 inception. Merqueo also reached positive cash flow in Colombia, its most mature market.

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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

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. There’s so much to build for so many people and businesses.

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TechCrunch

OCTOBER 11, 2022

Founder and CEO Zach Oschin started the Colombia-based social commerce company in 2018 (and participated in our Latin American Startup Battlefield that year) to move the traditional independent sales process online. This gives the company more than $28 million in total funding to date.

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TechCrunch

JULY 21, 2021

Just over five months after securing $50 million in debt & equity , Valoreo has closed on a $30 million Series A funding round. 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. The company says its model differs from that of its U.S.-based

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TechCrunch

AUGUST 18, 2022

The funding announcement includes $600,000 from a pre-seed tranche. Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies. The new funding enables Rebill to continue expanding its presence into the rest of Latin America.

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TechCrunch

JUNE 7, 2022

Those backers include Kaszek Ventures, Clocktower Ventures, SoftBank Latin America Fund and DILA Capital, among others. The only things that changed were the economics and speed of business.”. Specifically, it enables LatAm businesses to a ccept payments globally and receive money in their local currency.

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TechCrunch

APRIL 16, 2021

Today, the Colombia-based company announced a $3 million pre-Series A led by MatterScale Ventures and Kayyak Ventures. In addition to Colombia, the company already has operations in Mexico and plans to use part of the funding to expand further in the region as well as building out a marketing and sales team, which it hasn’t had thus far. .

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TechCrunch

OCTOBER 7, 2021

PideDirecto , a Mexico-based company, is developing a platform that enables local businesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes. That is when we started PideDirecto, to enable local businesses to scale their direct-to-consumer sales channels,” Fawzi said. “We

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TechCrunch

APRIL 12, 2023

Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala , a Colombia-based company building fintech infrastructure for lending. The new funding, which closed in December, brings the company’s total funding to $6 million.

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TechCrunch

AUGUST 26, 2021

When the firm heard that the other Tuna co-founders were starting a business that was applying some of the optimization methods they had created at Peixe Urbano, but for every company, they saw it as an opportunity to get involved. He has identified Mexico, Colombia and Argentina as potential new markets.

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TechCrunch

MARCH 10, 2021

s SB Opportunity Fund and Panoramic Ventures. Villadiego was born and raised in the colonial port town of Cartagena, Colombia. During his time at Unisys — and later at IBM — he said he was exposed to merger and acquisition deals, motivating him to start his own business. million Series A. In the U.S.,

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TechCrunch

MARCH 22, 2022

In Latin America, where being a part of a community is important, we see startups, like Trela in Brazil and Muni in Colombia, bringing people together under a common need — in Muni’s case, the purchase of everyday essentials. The latest funding gives Muni a total funding of about $27 million.

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TechCrunch

MAY 12, 2022

Companies that offer banking as a service and help other businesses offer their own financial services and products in particular continue to rake in the dollars. The startup has raised $110 million in a growth funding round led by U.K.-based based Lightrock and Silver Lake Waterman, bringing its valuation to over $1.5

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TechCrunch

JANUARY 13, 2022

UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. Julián Melo and Marta Forero founded UBITS in Bogota, Colombia, in 2018 after the pair came up with the idea of “creating the Netflix for corporate training for LatAm.”

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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. These businesses range from direct-to-consumer (DTC) upstarts to larger brands such as PlayMobil, Billabong and Luigi Bosca. So we pre-emptively asked them to let us invest.”.

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TechCrunch

MAY 9, 2022

Mentum is out to change that in Latin America, and is working on customizable investment APIs and widgets so businesses in Latin America can build and offer fully digital investment products, like local mutual funds, ETFs and stocks, to their customers. The products are also compliant with local regulations.

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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. “In

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TechCrunch

JUNE 25, 2021

One of those startups is Chilean-based Fintual, which today announced a $15 million round led by Kaszek Ventures, the largest fund in Latin America. He traveled for a couple of years, and learned to code, among other things, until Omar Larré, Fintual’s current CIO, presented him with the idea for the business. .

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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. Like many other companies, Addi temporarily saw a slowdown in business as a result of the COVID-19 pandemic. But it quickly bounced back. “We

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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

JULY 8, 2022

DEUNA , a Silicon Valley-based one-click checkout commerce startup, is officially joining Latin America’s nearly $100 billion e-commerce sector with $30 million in Series A funding after largely staying under the radar since being founded in late 2020. We recently saw Sleek raise $1.7 The company raised a total of $37 million.

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