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DeltaX wants to digitize the Andean region’s trucking sector

TechCrunch

Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its native Bolivia and beyond thanks to a recent $1 million seed round. Millions of tons of cargo are transported each year via the Pan-American Highway and its branches across Colombia, Ecuador, Peru, Chile, Bolivia and Paraguay.

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The LatAm funding boom continues as Kaszek raises $1B across a duo of funds

TechCrunch

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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Chilean fintech Xepelin wants LatAm businesses to get paid

TechCrunch

Fintech companies and other entities have moved the needle for consumer payments in Latin America, particularly during the global pandemic, prompting consumers to be more comfortable with digital payments. Businesses of means have access to bank funds, but around 95% of small and medium businesses are unattended.

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Latin America’s second wave of digital transformation

TechCrunch

Julio Vasconcellos is the managing partner of Atlantico , a venture capital fund focused on Latin America. Latin America’s digital transformation is making up for lost time. Atlantico Digital Transformation Index 2021 LatAm. Share on Twitter. More posts by this contributor. in 2021 from 2.3% in 2020 for LatAm as of August.

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Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels

TechCrunch

LatAm venture fund Kaszek Ventures led the equity portion of the financing, which also included participation from partners of DST Global and a slew of other firms and founders/angel investors. based asset managers and hedge funds — including Chilean pension funds — provided the credit facilities. “The

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Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab

TechCrunch

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. It is currently focused on Mexico, Brazil, Argentina and Chile. Latin America’s digital transformation is making up for lost time.

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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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