TechCrunch

OCTOBER 5, 2021

Chile’s Buk , which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. For one, it represents one of the largest (if not the) largest Series A rounds raised by a Latin American startup to date.

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TechCrunch

MARCH 2, 2022

It was then that we learned about the origins of the Mexico City-based company, founded by CEO Alexis Patjane, who had been running a food truck-making business in Mexico. Patjane told TechCrunch that he wasn’t immediately looking for additional capital after closing the Series B, and in fact had plans to begin raising again this year.

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TechCrunch

JUNE 7, 2022

Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 The startup had raised $86 million in the first tranche of the financing in June of 2021 at a post-money valuation of $600 million. Europe, APAC and Brazil.

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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. Bold is laying critical groundwork for small businesses to begin expanding their customer bases and entering the next generation of payments,” Vélez said.

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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. Citing Crunchbase data, Belvo believes the round represents the largest series A ever raised by a Latin American fintech. Belvo currently operates in Mexico, Colombia and Brazil. .

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TechCrunch

DECEMBER 9, 2021

At the time, the company touted it as “the largest Series B round ever raised in Latin America.”. In total, the company has raised $445 million, of which $345 million is equity and $100 million is debt. Today, Merama has more than 180 employees and a portfolio of 20 brands across Mexico, Brazil, Chile, Colombia and Peru.

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TechCrunch

JUNE 2, 2022

The company has also moved on from its initial markets of Venezuela and Bolivia and into Peru and Panama, Zavarce told TechCrunch. For its grocery business, Zavarce’s goal last year was to have 50 active dark stores by the end of 2022. It has 21 of its own microfulfillment centers and also works with partner-owned facilities.

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TechCrunch

MARCH 25, 2021

Europe, LatAm and Europe, today announced that it has raised a $20 million Series B funding round led by Redpoint eventures. It opened campuses in Mexico and Peru, for example. “Raising funds is helping us support and accelerate our vision of creating this ‘OS of education.’

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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.

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TechCrunch

FEBRUARY 25, 2022

Italian-born Gregorio Gilardini and Alejandro Garay, who hails from Spain, met in Peru several years ago and discovered they both had an interest in using technology to make a social impact and help people escape “the poverty trap.”. A lot live day to day and drivers are like ghosts in the system.”.

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TechCrunch

JULY 20, 2021

And he’s raising plenty of money to aim at that goal. JOKR’s team consists of people who created both foodpanda and Delivery Hero, so from the outside at least, they have the chops to build a big business. Today the fast-growing grocery and retail delivery platform has closed a whopping $170 million Series A funding round.

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TechCrunch

JUNE 21, 2021

Uber CEO Dara Khosrowshahi said in a statement that the company’s grocery and new verticals business has exceeded a $3 billion annual bookings run rate for this year. The company expanded its operations to eight countries up and down the Americas, including Chile, Mexico, Brazil, Colombia, Costa Rica, Peru, the U.S. and Canada.

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TechCrunch

JUNE 25, 2021

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. . The current raise will be used to grow the company’s operations in Mexico, expand to other countries — namely Colombia and Peru — and grow its tech team. .

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TechCrunch

AUGUST 30, 2021

For good reason, too: Startups have raised $9.3 In fact, the evolution of business shares far more similarities across countries than we might expect. This is not very different from the timeline of businesses in other markets such as the United States. Investors in the Andean region cover Peru, Chile and Colombia.

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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. Since 2011, Kaszek has backed more than 120 companies, which the firm says collectively have raised more than $15.5 Image Credits: Kaszek Kaszek founded its first fund in 2011, raising $95 million, an impressive sum at that time.

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TechCrunch

AUGUST 18, 2022

Rebill , an Argentina-based startup, raised $3.6 Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies. million to continue building automated payment collection and subscription management tools for Latin America.

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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. They applied to Y Combinator, raised a seed round and went back to Colombia to create a program and courses that launched in January 2019.

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TechCrunch

FEBRUARY 25, 2022

In short, it appears that a host of startups raised new capital last year when valuations – and therefore revenue multiples – were hot. In a changed world, how will those companies manage to raise more cash and avoid a downround at the same time? And yet Beam’s latest raise attests to the very opposite.

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TechCrunch

APRIL 21, 2022

We noted earlier this year that grocery delivery is a tough business to be in , given the competitiveness of the market and later-stage funding drying up for cash-intensive sectors like this one. We have now become fully gross profit positive on a group level for our local business across all of our countries after 12 months of operations.

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TechCrunch

MAY 31, 2022

Two new funds got announced this morning; Haje covered Hannah Grey’s $52 million debut fund , focusing on customer-centric founders, and Christine took a look at Bonfire Ventures, which raised a pair of funds, totaling $230 million , targeting B2B software startups. . million to do so. .

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TechCrunch

AUGUST 7, 2022

Execs from the two startups say the combined company will have processed over $5 billion in payments and built a network of over 500,000 connected businesses by creating B2B DeFi payment networks in both the U.S. Klarna recently raised $800 million at a $6.7 and Mexico. Today the U.S. As a result, they may have to sell.”.

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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

MAY 24, 2022

Nowports , an automated digital freight forwarder in Latin America, has raised $150 million in a Series C funding round which values the company at $1.1 It also marks Nowports’ third equity raise in less than one year’s time, and brings its total funding to over $240 million since its 2018 inception. It has more than 500 employees.

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TechCrunch

MARCH 31, 2022

But when Strauss searched for a solution in LatAm that would fit the needs of businesses in the region, he came up empty — so he decided to build it himself. Fast-forward three months to today, and Datanomik, Strauss’s venture, announced it has raised a $6 million seed round led by a16z.

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TechCrunch

DECEMBER 13, 2021

The company raised an $85 million Series C led by funds and accounts managed by BlackRock, as well as participation from XN, Alsop Louie, Alpha Edison, Dolby Family Ventures, KCK, Space Capital, Explorer 1, Harpoon Ventures and others. Loft Orbital raised $140 million in a new round of funding led by investment company BlackRock.

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TechCrunch

FEBRUARY 24, 2021

RecargaPay originally had operations in various Latin American countries, such as Argentina, Chile, Colombia, Mexico, Peru and Brazil, as well as in Spain and the U.S. Cell phones caught on quickly in Brazil because it has traditionally been difficult to obtain a landline — an ordeal that often took several months to solidify.

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TechCrunch

SEPTEMBER 7, 2021

After its mammoth $528 million Series F raise , it acquired several of Delivery Hero’s businesses in Central and Eastern Europe for $208 million. Last year, the company pulled out of all the Latin American countries — Argentina, Ecuador, Peru, Panama, Costa Rica, Honduras, Guatemala and the Dominican Republic.

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Have Fun - Do Good

OCTOBER 1, 2006

Before I left for Peru, I did an interview for the Big Vision Podcast with Jonah Sachs, the Principal of Free Range Studios , an advertising and marketing firm with offices in Washington DC and Berkeley, California that specializes in non-profits and socially responsible businesses. Britt: How did you get started?

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Have Fun - Do Good

AUGUST 20, 2008

KickStart is a nonprofit that develops and markets new technologies in Africa that help local entrepreneurs to establish small businesses. And the reason for this is precisely because they're in the wrong businesses, precisely because they're all competing with each other and doing the same thing. This machines costs about $350 - $400.

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Engadget

APRIL 16, 2025

These include deep breath Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru and Uruguay. So far, we haven't seen or heard of any US or UK price increases.

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