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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. .
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. Including the new funding, Foodology has raised more than $20 million.
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.
The raise follows a year of strong growth, according to the company, which saw its revenue increase by “well over 20x” in 2021. With this latest raise, Habi says it has become the second unicorn in Colombia and only LatAm unicorn with a female founder and CEO , according to Crunchbase.
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. .
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.
In its home country of Colombia, the startup has already had an impact. It partnered with ACH Colombia to work on The Transfiya project, which includes direct read and write API access to 80% of the accounts in the country. With the raise of new capital, however, we will also offer a self-service SaaS to fintechs soon.”. “We
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. That’s up from 20,000 merchants at the start of 2020 and 80,000 at the time of its last raise in March.
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. It plans to use the new capital mostly to continue acquiring e-commerce brands across Mexico, Brazil and Colombia as well as to do more hiring.
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., Skycatch Raises $13.2M Indonesia, China, Philippines, Thailand and Japan. In particular, the company is seeking to work with sites where connectivity is limited.
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.
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.
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. .
And that’s just in Colombia alone, said Lafaurie. “Colombia was the most-locked-down country in the whole world. By digitizing what had been a primarily analog industry, the company has managed to hit a $10 million revenue run rate and sign up 3,000 stores since its launch eight months ago.
Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. The investment brings Nowports’ total raised since its 2018 inception to over $24 million. Nowports raises $5.3 The company currently has offices in Mexico, Chile, Colombia, and Uruguay.
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
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. The company declined to reveal at what valuation this latest round was raised but it is notable that its Series D is triple the size of its Series C, raised just over six months prior.
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.
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.
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. Addi is currently available for e-commerce, mobile and brick-and-mortar purchases in Brazil and Colombia, with plans to expand across Latin America in the coming years.
And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures V, a $475 million early-stage fund, believed to be the largest vehicle of its kind ever raised in the region, and Kaszek Ventures Opportunity II, a $525 million for later-stage investments.
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.
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.
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 is now one of the top five highest-valued startups in Latin America. My budget allowed me to buy a used car, but there was no infrastructure around it.
and Colombia, including Amazon, NASCAR, Weee!, To help it grow and further expand its reach, Shift One just raised a $5.2 And it has about 50 clients in the U.S. Mensajeros Urbanos and the Consumer Electronics Show (CES).
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.
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.
Brynne leads the hot real estate startup out of Colombia, which reached unicorn status last year with a $200 million raise. This is going to be a great show as we explore how Brynne and Habi navigate uncertainty as they build their proptech company in Colombia and Mexico. The topic is uncertainty. I hope you can join us.
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. For one, it represents one of the largest (if not the) largest Series A rounds raised by a Latin American startup to date.
The financing brings the Bogota, Colombia-based startup’s total raised to $85 million since its 2017 inception. It currently operates in more than 25 cities in Colombia, Mexico and Brazil and has over 600,000 users. Merqueo also reached positive cash flow in Colombia, its most mature market. Image Credits: Merqueo.
The company is already active in 33 countries (most recently Chile, Colombia and Romania) and has some 3 million businesses as customers. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.
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. ClicOH is among a number of startups raising funding as they develop e-commerce infrastructure to grab a piece of this burgeoning market in Latin America.
Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round values 2TM Group , Mercado Bitcoin’s non-operating parent company, at $2.1 billion, ranking it among the top 10 unicorns in Latin America. .
On Wednesday, TechCrunch reported on Mara, a São Paulo-based startup that aims to “reinvent” the grocery shopping experience for the underserved in Latin America, and its $6 million raise. Today, we look at Yuno , a two-month-old Colombian payments startup which has raised $10 million in a seed round of funding.
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.
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.
Rebill , an Argentina-based startup, raised $3.6 Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies. We plan to double our team by next year and expand more in Mexico and Colombia.”. The funding announcement includes $600,000 from a pre-seed tranche.
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
Microsoft has told The Verge that starting August 1, it will raise the price of the Xbox Series X in most countries except for the US, Japan, Chile, Brazil, and Colombia. On July 6, the Xbox Game Pass console tier will rise from $9.99 a month to $10.99 globally, while. Read Entire Article
Given the attention that TechCrunch pays to Y Combinator’s Demo Days , we also try to keep tabs on the same startups as they scale and raise more capital. million raise after taking part in YC’s Summer 2019 session. The investment was raised in two pieces: a $500,000 check in February and the other $1.2
Through projects that integrated statistical analyses into multidisciplinary human rights work, we engaged in the public debate about human rights violations in Colombia. This analysis is now helping to reframe how sexual violence is studied and understood by groups in Colombia and by the United Nations. and the European Union.
That is, how to spend what’s been pledged so farand how to raise a lot more to help preserve plant and animal life on Earth. Participants will discuss establishing a “global financing instrument for biodiversity” intended to effectively distribute the money raised.
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.”
Founder and CEO Zach Oschin started the Colombia-based social commerce company in 2018 (and participated in our Latin American Startup Battlefield that year) to move the traditional independent sales process online. Social commerce startup Elenas raises $6M and plans for international expansion.
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