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VC funds still rolling as Northzone announces largest fund, while Salkantay is largest Peru fund

TechCrunch

Three years after raising a $500 million fund , European venture capital firm Northzone is back with what partners are calling its “largest fundraise to date” of €1 billion, or $1.01 billion, for its tenth fund. Same for Peru-based Salkantay Ventures , which said it closed on $26 million for its first fund , Salkantay Exponential Fund.

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Skydropx taps new funding to expand logistics automation across Latin America

TechCrunch

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.

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Kaszek earmarks nearly $1B in new funds for Latin American startups

TechCrunch

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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Yummy raises $4M, aims to be ‘super app of Venezuela’

TechCrunch

Yummy, a Venezuela-based delivery app on a mission to create the super app for the country, announced Friday it raised $4 million in funding to expand its dark store delivery operations across Latin America. 1 super app in Venezuela and proven that the team can scale the business in a difficult territory,” Mateen said in a statement.

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Yummy’s super-sized round helps grow its delivery, ride-sharing super app in LatAm

TechCrunch

Less than a year after taking its first funding , Latin American local on-demand delivery and transportation super app Yummy is back with an upsized round of $47 million. The round was led by Anthos Capital, with the participation of JAM Fund, Soma Capital, WIND Ventures, Ethos Capital and YC Continuity. That is poised to be a $9.3

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99minutos clocks in fresh capital for logistics infrastructure in Latin America

TechCrunch

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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E-commerce aggregator Merama gets its horn after just 12 months in business

TechCrunch

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.