TechCrunch

JULY 26, 2021

Tiger Global led the round and was joined by new investors, including DFJ Growth Fund, the social impact foundation, ZOMA Lab; athletes Lewis Hamilton and Roger Federer; and musician and DJ Questlove. Brazil, Argentina, Chile and Colombia. billion valuation. He expects to have 50% of its business coming from the U.S.

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TechCrunch

OCTOBER 21, 2021

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. Why global investors are flocking to back Latin American startups. In Argentina, it was granted a Mastercard and payments license.

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TechCrunch

APRIL 27, 2022

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. Rozic said he was inspired to start Minka when he moved to Colombia five years ago. “I

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TechCrunch

APRIL 17, 2023

The global management consulting industry is worth billions of dollars but to this day it’s been tough to disrupt with technology. so far from Fatima Gobi Ventures and angels including Gokul Rajaram (DoorDash board member), the former Global CFO of PepsiCo and two managing partners of large consulting firms.

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TechCrunch

JULY 22, 2021

Prior to joining WIND, he was an investor at Soma Capital , where he invested venture capital globally across the consumer and enterprise sectors. Venture capitalists have been investing heavily in last-mile delivery over the past five years on a global scale, but Latin America (LatAm) has lagged behind. The holdout: Latin America.

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TechCrunch

MAY 23, 2022

E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years , the current consumer demands to receive orders on time and packaged correctly will only increase. We’re excited to expand into Colombia and are identifying additional regions throughout LatAm,” he added. “We

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TechCrunch

JUNE 25, 2021

Earlier this week, The Exchange wrote about the early-stage venture capital market , with the goal of understanding how some startups are raising more seed capital before they work on their Series A, while other startups are seemingly raising their first lettered round while in the nascent stages of scaling.

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TechCrunch

OCTOBER 27, 2021

billion in capital, with investors such as Sequoia Capital, Tencent, Ribbit Capital, Kaszek, QED Investors and others, At that time, Nu had 40 million users across Brazil, Mexico and Colombia. Earlier this month, Business Insider reported that Nubank had turned its first-ever half-year profit in its home market.

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TechCrunch

FEBRUARY 10, 2022

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. market in the verticals of e-commerce, marketplaces, fintech and software.

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TechCrunch

JULY 26, 2022

The Latin American startup market, once among the hottest in the world , is cooling. But its slowdown is far from uniform; some countries are surviving the downturn far better than others, data reveals.

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TechCrunch

AUGUST 30, 2021

Ricardo Sangion previously launched operations for Facebook and Pinterest in Latin America, before joining operator-led global investors TheVentureCity as partner for first-ticket investments in the region. How does the Peruvian market behave compared to the United States? Investors should look for younger markets. Contributor.

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TechCrunch

AUGUST 26, 2021

While there, they came up with a way to use A/B testing to create a way of dealing with payments in different markets. Tabor explained that the e-commerce landscape in Latin America was consolidated, meaning few banks controlled more of the market. He has identified Mexico, Colombia and Argentina as potential new markets.

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TechCrunch

NOVEMBER 18, 2021

The Colombia-based company is taking on some of that inventory burden by providing access to inventory at lower prices and often same-day delivery on thousands of products. Those results are what triggered the company going into the market and looking for capital to keep the pace, Bonilla said.

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TechCrunch

MARCH 2, 2022

He particularly was interested in speaking with Oak HC/FT because of its global presence and approach to bringing together its portfolio companies around tips and advice for founders. Patjane plans to be at 95% penetration in all of its current markets before connecting services to other countries.

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TechCrunch

APRIL 7, 2021

Kavak , the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. We were built to solve emerging market problems,” García said. This round more than triples their previous valuation of $1.15

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TechCrunch

APRIL 8, 2022

Those customers include Rappi, Clara, Bancolombia, Adelantos, Mercado Libre, Didi, Homie and Global 66. The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. While its headquarters are located in Cali, Colombia, Muniz said Truora’s new main focus, or highest growing office, is Mexico City.

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TechCrunch

AUGUST 17, 2021

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. Accel Partner Ethan Choi believes the Latin American e-commerce market has the potential to be just as big as the U.S. market in the future.

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TechCrunch

MARCH 22, 2021

But Ethan Choi, a partner at Accel, said his firm saw in Nuvemshop the potential to be the market leader, or the “de facto” e-commerce platform, in Latin America. On top of that, the $85 billion e-commerce market in Latin America is growing rapidly with projections of it reaching $116.2 Separate markets require distinct knowledge.

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TechCrunch

FEBRUARY 2, 2022

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. Why global investors are flocking to back Latin American startups. So, just how does it work?

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TechCrunch

MARCH 22, 2022

From Lolita Taub taking a community-first focus in venture capitalism to Archive tapping into community for marketing buying power. María Echeverri Gomez got the idea for the company after getting her MBA at Stanford and leading the global grocery operation at Rappi.

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TechCrunch

NOVEMBER 11, 2021

Fifth Wall also participated in the financing, along with existing backers OneVC, Elad Gil, Liu Jang and new investors Fen Ventures, Broadhaven and Rahul Mehta, managing partner at DST Global. The startup had used its seed capital to expand and consolidate in Bogota, Colombia, and Mexico City. (It

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TechCrunch

MARCH 29, 2022

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. As mentioned, the latest funding enables Migrante to launch in Colombia and Mexico and offer new products, including rent-to-own and electric vehicle financing products.

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TechCrunch

APRIL 13, 2022

That global venture capital slowed down in Q1 2022 might no longer be news to you. But global numbers can hide diverging realities around the world, and a closer look at regional data shows us that it is indeed the case. based and Asian startups did decline, in line with the global trend. Brazil: $1.5

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TechCrunch

AUGUST 13, 2021

billion by 2024, with the global pandemic driving demand for faster delivery, according to Statista. Both Mateen and Lewy agree that there will be similar apps coming because food delivery is such a large market, but that Orchata has a clear advantage of owning the customer experience from beginning to end.

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TechCrunch

APRIL 20, 2022

Morado, a two-month-old Colombian startup aiming to digitize beauty salons in Latin America, has raised $5 million in a pre-seed round from a bevy of global investors. In its first 30 days of operation, Morado says it “already has national coverage for deliveries in Colombia.” In fact, Morado is part of a16z’s new START program.

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TechCrunch

JUNE 2, 2021

Jeeves, which is building an “all-in-one expense management platform” for global startups , is emerging from stealth today with $131 million in total funding, including $31 million in equity and $100 million in debt financing. . The startup’s offering is currently live in Mexico — its largest market — as well as Colombia, Canada and the U.S.,

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TechCrunch

JANUARY 7, 2022

Bfree , a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves. In emerging markets, this is typically not the case. Image Credits: Bfree.

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TechCrunch

SEPTEMBER 21, 2021

Tiger Global, Spruce House, D1, SEA, Founders Fund, Ribbit Capital, SoftBank and others also participated in the latest financing. Why global investors are flocking to back Latin American startups. Put simply, Kavak is an online marketplace that aims to bring transparency, security and access to financing to the used car market.

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TechCrunch

DECEMBER 2, 2021

The company took in $260 million in Series B, just five months after raising $170 million in Series A funding that was led by GGV Capital, Balderton Capital and Tiger Global Management. Image Credits: JOKR. The new round also lifts JOKR into unicorn territory with a valuation of $1.2 We are now well capitalized and happy about it.”.

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TechCrunch

OCTOBER 5, 2021

But more and more, other regions in Latin America such as Chile are also attracting global investor interest. Why global investors are flocking to back Latin American startups. Over the next several years, the company also aims to increase its market share in each of the countries where it operates.

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TechCrunch

MARCH 24, 2022

A startup that is a blend of the two can be found in Bogota, Colombia-based Simetrik , which just raised $20 million in a Series A funding round at a valuation “north of $100 million.”. We’re seeing rapid growth in the payment methods space at a global level, with new companies coming onto the market everyday.”.

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TechCrunch

SEPTEMBER 8, 2021

The company, which has dual headquarters in Bogota, Colombia, and São Paulo, Brazil, declined to reveal its new valuation other than to say it is “nearly triple” what it was 90 days ago when it closed on the first tranche of its Series B, and that it is now in the “hundreds of millions” of dollars range.

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TechCrunch

MAY 15, 2023

Identity and identifying a good deal Today’s interview was led by TechCrunch Global Managing Editor Ingrid Lunden. Brynne founded Habi to bring modern home buying tools to low- and middle-class home buyers in her home country of Colombia. I’d love to have you watch the events live.

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TechCrunch

MARCH 22, 2022

When it raised in September, Jeeves — which describes itself as “an all-in-one corporate card and expense management platform for global startups” — was valued at $500 million. The market looked very different in January and February than it did in December.”. This means it has quadrupled in value in just over six months.

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TechCrunch

APRIL 7, 2022

Jüsto , the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market. At that time, CEO Ricardo Weder told TechCrunch that the company, which was founded in 2019, weathered the first year of the global pandemic well, seeing 2020 revenue increase 16-fold.

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TechCrunch

JUNE 1, 2021

Online fraud and identity theft is a global problem that has only been exacerbated with increased online transactions amid the COVID-19 pandemic. For the consumer market, its “MeuID” app is aimed at users who want to change the way they identify themselves and share their data.

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TechCrunch

MARCH 31, 2022

It’s also a test for the company going public despite a market that’s been unfriendly toward combinations with special purpose acquisition companies, or SPACs, of late. . million raised by the SPAC was withdrawn — particularly as the SPAC hype gives way in the face of an underperforming market and tighter regulation.

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