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DeltaX wants to digitize the Andean region’s trucking sector

TechCrunch

Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its native Bolivia and beyond thanks to a recent $1 million seed round. Millions of tons of cargo are transported each year via the Pan-American Highway and its branches across Colombia, Ecuador, Peru, Chile, Bolivia and Paraguay.

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Kaszek earmarks nearly $1B in new funds for Latin American startups

TechCrunch

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.

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Skydropx taps new funding to expand logistics automation across Latin America

TechCrunch

Across Latin America, e-commerce purchases are expected to grow by double-digits annually by 2024. The company intends to expand into other countries where e-commerce is growing, including Colombia, Argentina, Chile and Peru. Anyone purchasing something online has had that one instance where the delivery method failed.

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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

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. .

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Ecuadorian payments infrastructure startup Kushki lands $100M at a $1.5B valuation

TechCrunch

Those backers include Kaszek Ventures, Clocktower Ventures, SoftBank Latin America Fund and DILA Capital, among others. Put simply, Kushki aims to help make it easier, cheaper and more secure for businesses across LatAm to send and receive/process digital payments. Europe, APAC and Brazil.

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Brazilian fintech infrastructure company Dock closes on $110M in funding, now valued at over $1.5B

TechCrunch

The latest such company in Latin America is São Paulo-based Dock , which operates a full-stack payments and digital banking “platform” across the region, where demand for financial infrastructure that can help boost inclusion is massive. The startup has raised $110 million in a growth funding round led by U.K.-based

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E-commerce aggregator Merama gets its horn after just 12 months in business

TechCrunch

Merama , which acquires or launches Latin American digital brands, hit a $1.2 It also comes a day after fellow LatAm e-commerce aggregator Quinio announced $20 million in initial funding to acquire some 30 companies. Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab. billion in 2023.