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Foodology has been whipping up its restaurant brands in cloud and virtual kitchens in Colombia and Mexico since 2019, and with a new infusion of capital, hopes to scale that across Latin America. The Bogotá-based company closed on $15 million in Series A funding in a round led by Andreessen Horowitz and Base Partners.
La Haus , which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. By year’s end, La Haus intends to be in every major metropolitan area in Mexico and Colombia. .
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.
Today, the company, which is building an “all-in-one expense management platform” for global startups, is announcing that it has raised a $57 million Series B at a $500 million valuation. The startup’s offering was live in Mexico and Canada and today launched in Colombia, the United Kingdom and Europe as a whole. . and Europe.
Habi , a Bogota-based proptech, has closed on $200 million in a Series C funding round co-led by Homebrew and SoftBank Latin America Fund. The raise follows a year of strong growth, according to the company, which saw its revenue increase by “well over 20x” in 2021. Banco Mercantil del Norte, S.A.,Institución
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. It also invested in Brazilian social grocery commerce company Favo , which raised a $26.5
Just over five months after securing $50 million in debt & equity , Valoreo has closed on a $30 million Series A funding round. The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80 million since inception.
We first profiled Inventa, co-founded by Marcos Salama, Fernando Carrasco and Laura Camargo, in January when it raised $20 million in Series A financing , led by Andreessen Horowitz and Monashees. And, after establishing a footprint in Brazil, the company is accelerating its international expansion to Mexico and Colombia later this year.
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. The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia. .
Bogota-based payments infrastructure startup Minka has secured $24 million in a funding round co-led by Tiger Global Management and Kaszek. In its home country of Colombia, the startup has already had an impact. With the raise of new capital, however, we will also offer a self-service SaaS to fintechs soon.”. “We
Skycatch today announced a $25 million raise, led by ADB Ventures and Wavemaker. The list includes Chile, Colombia, Peru, Brazil, Australia, Canada, the U.S., The funds will go toward expanding the 50-person company’s sales and marketing team — both of which have been fairly small portions of the company’s overall headcount.
Just five months after raising $90M, Brazil’s Nuvemshop announced today it has raised $500 million in a round co-led by Insight Partners and Tiger Global Management. billion and brings the Sao Paulo-based startup’s total funding in the last 10 months to more than $620 million.
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.
Garcia sees three different waves in this market: the first one being traditional supermarkets, where you can spend hours, which led to the second wave of food delivery companies, including some big players in the region — for example Rappi in Colombia, which in July raised $500 million in Series F funding at a $5.25
s SB Opportunity Fund and Panoramic Ventures. Villadiego was born and raised in the colonial port town of Cartagena, Colombia. I told him we were looking to raise $5 million and he said, ‘I’m in, but it has to be $10 million,’” Villadiego told TechCrunch. million Series A. In the U.S., In the U.S.,
Tuna is on a mission to “fine tune” the payments space in Latin America and has raised two seed rounds totaling $3 million, led by Canary and by Atlantico. He has identified Mexico, Colombia and Argentina as potential new markets. Current and upcoming trends in Latin America’s mobile growth.
Treinta , a startup that is part of the Winter 2021 Y Combinator cohort , announced this morning that it has raised north of half a million dollars for its bookkeeping and inventory management software aimed at Latin American small businesses. Lockdown in Colombia forced many small businesses online in a hurry.
Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. Nowports raises $5.3
Having just raised $30 million in a Series C round in October and achieving profitability in 2020, the Nuvemshop team was not looking for more capital. Today, Nuvemshop is announcing that it has closed on a $90 million Series D funding led by Accel. Nuvemshop’s rapid growth caught the attention of Silicon Valley-based Accel.
And that’s just in Colombia alone, said Lafaurie. “Colombia was the most-locked-down country in the whole world. pandemic fund from Nubank. The company will soon open operations in Ecuador, which Lafaurie said was the second-largest hardware market (per capita) in Latin America.
Less than six months after raising $8 million in seed funding, Chilean proptech startup Houm has raised $35 million in a Series A round led by Silicon Valley venture capital firm Goodwater Capital. With the latest round, Houm has raised a total of $45 million since its inception.
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. Since then, the company became profitable, growing over 300% in 2020 alone.
Today, the Colombia-based company announced a $3 million pre-Series A led by MatterScale Ventures and Kayyak Ventures. In addition to Colombia, the company already has operations in Mexico and plans to use part of the funding to expand further in the region as well as building out a marketing and sales team, which it hasn’t had thus far. .
Kavak , a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 This news is notable for a few reasons. billion since its 2016 inception.
In late May, the startup announced it had raised $35 million in an equity round led by Union Square’s Opportunity Fund, and $30 million in debt funding from Architect Capital. That startup raised $3 million in April, and at the time, was live with more than 45 merchants and over 150,000 users.
Mudafy , a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. Longer term, it is exploring the possibility of moving into other Latin American markets such as Colombia, Perú and Chile.
Argentina-based clicOH is the latest shipping technology company attracting venture capital funding, raising $25 million in Series A funding in a round led by Tiger Global. Joining them is JAM Fund and existing investors Flexport, FundersClub and Vast VC.
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.
The round was led by D1 Capital Partners, Founders Fund, Ribbit and BOND, and brings Kavak’s total capital raised to date to more than $900 million. Kavak recently soft-launched in Brazil, and this new round of funding will be used to build out the Brazilian market and beyond, said Carlos García Ottati, Kavak’s CEO and co-founder. “In
After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. Wind Ventures gears up to invest in startups looking at Latin America.
Bitso , a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 For one, it comes just four months after the startup raised $62 million in a Series B round. The news caught our attention for several reasons.
Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. For its part, SoftBank Latin America Fund described Mercado Bitcoin as a “regional leader in the crypto space” that is “ tapping into a huge local and regional addressable market.”.
And now the Brazilian regtech has raised $38 million in a Series C round led by Endurance. GGV Capital, monashees, Canary, Qualcomm Ventures LLC, ONEVC, Peninsula and Norte also participated in the funding, bringing its total raised to nearly $50 million.
The company is already active in 33 countries (most recently Chile, Colombia and Romania) and has some 3 million businesses as customers. The funding is coming from Goldman Sachs, Temasek, Bain Capital Credit, Crestline and funds managed by Oaktree Capital Management.
and Colombia, including Amazon, NASCAR, Weee!, To help it grow and further expand its reach, Shift One just raised a $5.2 million seed round led by City Light Capital , with participation from K50 Ventures, Ventura Investments and Human Ventures, as well as Tinder co-founder Justin Mateen’s JAM fund and angel Felipe Villamarin.
The company, which was founded in 2017, already has operations in Mexico, Colombia, Ecuador, Peru, and Chile. “We realized there was a gigantic opportunity to democratize and create infrastructure to move money,” Schwarzkopf told TechCrunch.
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. We have been able to double our size year over year [without institutional funding],” he said.
Less than seven months after closing on a $57 million Series B , fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 Financial technology companies raising multiple rounds in a short period of time has become more the norm than an exception as of late. billion valuation.
Brynne leads the hot real estate startup out of Colombia, which reached unicorn status last year with a $200 million raise. She founded Inspired Capital in 2019 and currently manages the $500 million fund. The topic is uncertainty. Every startup faces uncertainty, and I feel Brynne’s experience will help a lot of founders.
In the last six months, Treggo also started delivering in Colombia. Lonardi says the company attempted to go after funding early on but noted that the angel investor landscape was not as prevalent six years ago. Today, the company announced it raised an extra $1.7 Today, the company announced it raised an extra $1.7
The investors raised $40 million for their first fund after starting the firm in 2018 and have now closed on $100 million in capital commitments for MAYA’s second fund. With their first fund, they backed over 29 companies in 12 sectors across Brazil, Mexico, Colombia and Chile. Women make up just 2.4%
Merqueo , which operates a full-stack, on-demand delivery service in Latin America, has landed $50 million in a Series C round of funding. The financing brings the Bogota, Colombia-based startup’s total raised to $85 million since its 2017 inception. Merqueo also reached positive cash flow in Colombia, its most mature market.
Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. The round comes less than a year after Melonn raised a pre-seed round from NFX.
Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and the Caribbean. The startup plans to roll out its product in Mexico first, then Colombia and Central America.
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