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Chile-based Kredito raises $4M to help businesses get loans

TechCrunch

In the last few months, we’ve seen an explosion in funding for consumer banking startups in Latin America, all eager to reinvent traditional banking in the region. Today, Chile-based Kredito announced a $4 million pre-seed round. However, the business banking space seems like it’s also undergoing some changes.

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Google announces first undersea cable connecting South America and Asia-Pacific

TechSpot

The Mountain View corporation will work together with the Chilean infrastructure fund Desarrollo País of Chile, the Office of Posts and Telecommunications of French Polynesia (OPT) and other partners to link Australia and Chile. Read Entire Article

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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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NotCo gets its horn following $235M round to expand plant-based food products

TechCrunch

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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Philanthropy and Social Media: New Whitepaper from The Institute for Philanthropy

Amy Sample Ward

Ushahidi, an open source project originally deployed in Kenya to report post-election violence has since been downloaded and deployed for many other events and disasters, including Haiti, Chile, and Japan. Philanthropy has been able to move into the real time web, too. Another great example is Epic Change. We can’t only invest in a product.

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Traveling the world, meeting startups: What We learned

The Next Web

The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press. Paul Bragiel, founder of I/O Ventures launched the Savannah Fund to invest in East african startups. Startups are aiming for a global, not local market.

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H Twenty Capital aims to be ‘go-to fund for pre-seed investments’ in Latin America

TechCrunch

Brazil and Mexico continue to lead as regions where many startups are getting funding, but as LAVCA’s statistics show, some of that investor love is being spread around to other countries like Colombia, Argentina and Chile. We were not the biggest or the most seasoned fund, but were emerging managers.

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