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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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What Apple is doing with 25,000 acres of former cattle pastures in Brazil

Fast Company Tech

In 2021, Apple committed $200 million to the Restore Fund, a new fund established with Conservational International and Goldman Sachs, to help carbon removal grow more quickly and to focus on creating quality projects. (In In 2023, it pledged an additional $200 million for a second fund within the program.)

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

TechCrunch

Venture capital continues to flow into Latin America at a staggering rate. 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.

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Kaszek Ventures leads a $15 million round in Chilean asset management startup, Fintual

TechCrunch

One of those startups is Chilean-based Fintual, which today announced a $15 million round led by Kaszek Ventures, the largest fund in Latin America. While traditional mutual funds in Chile and Mexico charge up to 6.45% and 5% annually, Fintual charges 1% annually of assets managed. To date, the company has raised about $15.2

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Skydropx taps new funding to expand logistics automation across Latin America

TechCrunch

The company intends to expand into other countries where e-commerce is growing, including Colombia, Argentina, Chile and Peru. To do this, the company announced Tuesday $20 million in Series A funding co-led by Base10 Partners, Cometa, and 645 Ventures.

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Uber to become the sole owner of grocery delivery startup Cornershop

TechCrunch

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. Cornershop, which is headquartered in Chile, was founded in 2015 by Oskar Hjertonsson, Daniel Undurraga and Juan Pablo Cuevas. and Canada. The company raised $31.7

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Migrante steps on the gas of vehicle leasing for gig workers in Latin America

TechCrunch

Chile-based Migrante is working to change that. Initially starting in Venezuela, now with $30 million in Series A funding and $80 million in a debt facility, it is moving into both Colombia and Mexico. They started in Chile, which is a competitive market, and are now growing in Peru and into Colombia and other parts of the region.

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