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

NOVEMBER 15, 2021

Prior to Aplazo, Peña lived in New York and worked at Morgan Stanley investing in credit in Mexico, while Wieland had been launching businesses across Latin America after spending time at companies like Uber and Lime. However, credit penetration in Mexico is low, less than 10% , due to lack of trust in the banking system, he added.

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TechCrunch

DECEMBER 20, 2022

He met his co-founders David Hernandez and Amran Frey at Konfio, and, along with Israel Garcia, started Aviva , a Mexico-based fintech startup focused on bringing working capital to unserved communities. Within minutes, customers can qualify for a nano-business or house improvement loan of up to $1,000. Now buoyed by $2.2

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TechCrunch

OCTOBER 22, 2021

Foodology has been whipping up its restaurant brands in cloud and virtual kitchens in Colombia and Mexico since 2019, and with a new infusion of capital, hopes to scale that across Latin America. The Bogotá-based company closed on $15 million in Series A funding in a round led by Andreessen Horowitz and Base Partners.

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TechCrunch

OCTOBER 26, 2021

Enter Skydropx , a Mexico City-based logistics management company that enables businesses to create an end-to-end automated delivery experience for customers that includes over 250 shipping options, track notifications via WhatsApp, estimated delivery times and return management. million deliveries a month.

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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. The company has dual headquarters in Mexico City and São Paulo. It is currently focused on Mexico, Brazil, Argentina and Chile. billion in 2023.

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TechCrunch

MAY 24, 2021

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region , Sao Paulo-based Kaszek has been putting money into promising startups since 2011, helping spawn nine unicorns along the way.

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TechCrunch

APRIL 1, 2021

Kevin Xu is an early-stage investor and founder of Interconnected , a bilingual newsletter covering tech, business and U.S.-Asia Mexico has been known as an up-and-coming tech hub and a gateway to the Latin American market. Rappi Pay launched in Mexico just a few weeks ago, while I was still in the country. Contributor.

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Fast Company Tech

MARCH 18, 2025

The most innovative companies in agriculture for 2025 include forward-thinking businesses and nonprofits with at least one eye firmly on this future. 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.

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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. Add to that, grocery delivery businesses in the business-to-consumer space are traditionally a capital-intensive business. million in pre-seed funding to expand its program across Mexico City.

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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. The Mexico City-based company already is live with over 100 merchants, including Steve Madden and Ben & Frank. The company has hubs in Mexico City, New York City and remote employees.

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TechCrunch

SEPTEMBER 30, 2021

million in seed funding , Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel. Put simply, Higo is out to transform B2B payments for SMBs (small and medium-sized businesses) in Latin America, starting with its home country. In Mexico, companies don’t get paid on time,” Corcuera said.

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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 Clearly, the company’s business model seems to be working. This news is notable for a few reasons.

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TechCrunch

MARCH 10, 2021

Savannah Fund , a pan-African venture capital firm, today announced a $25 million fund as it looks to back more early-stage startups on the continent. Since launching in 2012, Savannah Fund — led by Mbwana Alliy and Paul Bragiel — has backed more than 30 startups. Mbwana Ally (Managing Partner, Savannah Fund).

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TechCrunch

AUGUST 2, 2021

Early-stage venture capital fund Newtopia VC launched Monday with $50 million to invest in tech startups based in Latin America. 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. We aim to help entrepreneurs in those stages.

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TechCrunch

APRIL 16, 2021

Enter Nelo , a startup founded by former Uber international growth team leads, which is building buy now, pay later in Mexico. He and co-founder Stephen Hebson used to work for Uber’s international growth team, growing financial services products in India, Mexico, China and Brazil. “We We were solving a real pain point.”. Miller said.

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TechCrunch

JANUARY 26, 2022

CEO and co-founder Aaron Polhamus said he, Miguel Arroyo and Jaime Rodas were driven to start Mexico City-based Vest in December 2020 because of their belief that while Latin Americans work hard for their savings, “historically their savings have not worked hard for them.”. Image Credits: Vest.

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TechCrunch

DECEMBER 15, 2021

billion after securing $186 million in Series E funding, led by Wellington Management. It was then we profiled Olist, which connects small businesses to larger product marketplaces to help entrepreneurs sell their products to a broader customer base. Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist.

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TechCrunch

APRIL 27, 2022

Its technology aims to provide an easier purchasing process for small businesses by recommending products based on actual transaction data and then also providing credit, in 30-, 60- and 90-day increments, to retailers. On the supplier side, they can upload products, manage pricing and see what is selling and what isn’t.

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TechCrunch

AUGUST 2, 2021

It’s no secret that the technology for easy business-to-business payments has not yet caught up to its peer-to-peer counterparts, but Yaydoo thinks it has the answer. Joining them in the round were SoftBank’s Latin America Fund and Leap Global Partners. Today, the company announced the close of a $20.4 Image Credits: Yaydoo.

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TechCrunch

JUNE 29, 2021

Accel announced Tuesday the close of three new funds totaling $3.05 fund at $650 million; its seventh early-stage European and Israeli fund also at $650 million and its sixth global growth stage fund at $1.75 The latter fund is in addition, and designed to complement, a previously unannounced $2.3

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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. It has been a life-changing round.

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TechCrunch

JULY 25, 2022

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. We align ourselves with a lot of the ESGs.”.

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TechCrunch

MAY 5, 2022

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,

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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 15, 2022

Slope , which provides businesses an easy way to offer buy now, pay later services, has had a busy six months. Its API technology can approve businesses for the BNPL in seconds so they can begin offering the installments. It is now enabling financing for over 2,500 businesses in the U.S. Slope process.

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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. York previously worked with Gurtubay, too, in third-party logistics before transferring over the direct-to-consumer e-commerce businesses into Cubbo.

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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

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. The pandemic forced us to reinvent our business model. Our team worked hard to reinvent our business model around home inspections, so that we could continue doing business in a safe way.

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TechCrunch

MAY 11, 2021

There has been a flurry of investments in startups focused on acquiring third-party sellers on Amazon and helping them build their businesses. The New York City-based startup has raised $160 million in debt and equity in a Series A round that it says will fund its “aggressive growth plans.”

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TechCrunch

JANUARY 27, 2022

He also spent the past two years at Google, heading up business development and strategy for Google Pay as well as serving as a mentor through Techstars. Image Credits: Lagos, Nigeria meetup / The Fintech Fund. The goal is to make this kind of a community fund, rather than an undifferentiated out-of-the box venture fund,” Milanovi?

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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. 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.

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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. Mexico City-based Valoreo aims to invest in, operate and scale e-commerce brands as part of its self-described mission “to bring better products at more affordable prices” to the Latin American consumer.

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TechCrunch

AUGUST 8, 2022

Miferia , a Mexico-based business-to-business wholesale marketplace, bagged $7 million in seed funding to continue developing its curated website connecting independent retailers in Mexico with domestic brands in categories like cosmetics, food and beverage and home décor.

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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

APRIL 21, 2021

The B2B payments space has seen an explosion in demand, and investor interest, in the wake of the COVID-19 pandemic as businesses try to figure out how to pay each other digitally. Tribal uses a proprietary AI-driven underwriting approval process to evaluate businesses and approve them for credit lines.

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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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