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Mary’s Pence funds women-led organizations and groups working for social change in the U.S., Central America, and Mexico. The first program is Mary’s Pence Grants , which funds women-led grassroots organizations in the U.S. Mary’s Pence is creative in funding ESPERA. In 2022, Natasha became a Mary’s Pence board member.
The chief executive of streaming giant Netflix on Thursday announced a $1 billion investment to produce some 20 films and TV series in Mexico annually over the next four years. “It’s not only important for Mexico to be seen in the world, but also because of the economic development and jobs generated by a production.”
However , some venture firms have taken this up a notch by bringing founders to create a fund and invest together. Since the firm’s first fund launched in 2017, MAGIC has invested in 70 companies at pre-seed and seed stages across these emerging markets. MAGIC Fund has 12 founders who act as general partners.
Mexico has been known as an up-and-coming tech hub and a gateway to the Latin American market. So, despite the ongoing pandemic, I took all the necessary precautions and spent roughly seven weeks in Mexico from January to March. to emulate and localize. Contributor. Share on Twitter. Asia relations. Image Credits: Kevin Xu.
Zero Foodprint takes the top slot, for funding regenerative farming through a model so simple, it becomes radical: Restaurants, grocers, and food companies are asked to contribute 1% of consumer purchases to directly fund farm conversions. Read more about Zero Foodprint , honored as No.
Nelo , a startup founded by former Uber international growth team leads, began offering buy now, pay later services to Mexico earlier this year. The Mexico City-based company already is live with over 100 merchants, including Steve Madden and Ben & Frank. The company has hubs in Mexico City, New York City and remote employees.
Tono Mandly doesn’t consider his company, Riogrande , an e-commerce aggregator, but instead as one whose mission is to build local brands, through acquisition and incubation, for the emerging middle class of Latin American consumers. They come from backgrounds that include Rocket Internet and Delivery Hero. “We
million in seed funding , Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel. In Mexico, small businesses mostly handle payables with nothing more than spreadsheets and email and legacy bank accounts,” CEO Corcuera said. . In Mexico, companies don’t get paid on time,” Corcuera said.
In Treggo’s case, developing technology to make urban shipments in Argentina, Mexico and Chile easier and for merchants of any size can provide an Amazon-like service for their customers. Sixty-two percent of the sector is dominated by small and local last-mile providers,” he added. million in funding.
CEO and co-founder Aaron Polhamus said he, Miguel Arroyo and Jaime Rodas were driven to start Mexico City-based Vest in December 2020 because of their belief that while Latin Americans work hard for their savings, “historically their savings have not worked hard for them.”. Image Credits: Vest. Because Vest is structured as a U.S.
For nonprofits whose target audience is primarily underserved youth, the task of finding funding shouldn’t be difficult. See if any of the funders serve your community and if you qualify for funding. Funding Priority: Youth Programs. Funding Priority: Youth Programs. Global Fund for Children. Daniels Fund.
Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. Another criteria is to back local founders.
The large difference is that most funders tend to direct a majority of their arts funding to local and regional organizations. These organizations are currently offering grant and funding opportunities and/or accepting letters of inquiry or project ideas. . Funding Priority: Arts & Culture. Ford Foundation.
Accel announced Tuesday the close of three new funds totaling $3.05 fund at $650 million; its seventh early-stage European and Israeli fund also at $650 million and its sixth global growth stage fund at $1.75 The latter fund is in addition, and designed to complement, a previously unannounced $2.3
Jüsto , an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. It claims to be the first supermarket in Mexico with no physical store. Mexico City’s Jüsto raises a $12 million bridge round for its delivery-only grocery stores.
The startup, which offers credit cards to underserved populations in Mexico, told TechCrunch it has raised an additional $50 million in equity at a $1.2 With this latest raise, Stori has raised more than $200 million in equity funding since its 2018 inception. . Stori launched its credit card product in Mexico in January 2020.
PideDirecto , a Mexico-based company, is developing a platform that enables local businesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes. That is when we started PideDirecto, to enable local businesses to scale their direct-to-consumer sales channels,” Fawzi said. “We
Just over five months after securing $50 million in debt & equity , Valoreo has closed on a $30 million Series A funding round. Mexico City-based Valoreo aims to invest in, operate and scale e-commerce brands as part of its self-described mission “to bring better products at more affordable prices” to the Latin American consumer.
Miferia , a Mexico-based business-to-business wholesale marketplace, bagged $7 million in seed funding to continue developing its curated website connecting independent retailers in Mexico with domestic brands in categories like cosmetics, food and beverage and home décor.
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. 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.
Manuel Rodriguez Dao, co-founder and CEO of Mexico City-based Meru.com , and co-founder Federico Moscato, learned this the hard way when they were sourcing goods for another company and faced problems, among them getting the items that were originally offered. Today, the company announced $15 million in Series A funding.
The company’s funding caught TechCrunch’s eye as there has been a flurry of funding for related companies serving the United States market. The startup’s round also included funds from a host of smaller firms and angels, including Canary Ventures, Adapt Ventures and Picus Capital, among others.
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. With its new capital, Mudafy’s immediate priority is to expand to more cities in Mexico, a market it entered in 2020. When it sells a property, it charges a fee.
The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press. But startups are also solving local problems. Paul Bragiel, founder of I/O Ventures launched the Savannah Fund to invest in East african startups.
Draftea’s founder, Alán Jaime Misrahi, played soccer in Mexico’s third division before attending Stanford for his MBA and launching Draftea. Mexico is the second-biggest market globally for the NFL, Jaime Misrahi told TechCrunch in an interview. We’re truly passionate about sports in Mexico,” Jaime Misrahi said.
One Mexico-based VC even declared that the story was about “talent, not capital.” ” Local VCs are raving about the human capital in the region, but for some global investors, the appeal of Latin America extends beyond the talent to the general populace. .” Brazil and Mexico riding the gravy train.
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 Secondly, the company believes the funding makes it the most valuable crypto platform in Latin America. The news caught our attention for several reasons. Image Credits: Bitso.
Fondeadora , a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round. And now, Fondeadora is adding $14 million on top of the original $14 million it had already raised — it now represents a $28 million funding round. Portag3 is investing in the extension. “We
Jüsto , the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market. Weder planned on using the Series A funding to expand across Mexico and Latin America — a market he told me represents a $600 billion opportunity — and that’s just what the company did.
Big funds are now dedicating resources to exclusively targeting Latin America, from SoftBank creating a region-specific fund, to Sequoia saying it will pay more attention to the region. Investors should bring a local strategy that makes them an asset to Latin America’s startup ecosystem. investors remain shy.
million Series A extension to continue its expansion across emerging markets; the company already has a presence in South Africa and Mexico. Naspers, via its investment arm, Naspers Foundry, co-led the investment with Cathay AfricInvest Innovation Fund. Today, i t is announcing a $14.5 Devin de Vries (CEO WhereIsMyTransport).
The startup has raised $110 million in a growth funding round led by U.K.-based Presently, the company has 1,936 employees, with offices in São Paulo, Rio de Janeiro and Mexico City. Outside of Brazil, it has operations in Mexico, Peru, Chile, Colombia, Argentina, Ecuador and the Dominican Republic.
Valoreo , a Mexico City-based acquirer of e-commerce businesses, announced Tuesday that it has raised $50 million of equity and debt financing in a seed funding round. Another new company in the space called Branded recently launched its own roll-up business on $150 million in funding. In the U.S.
The Mexico City-based company created a software and gig collaborators marketplace to solve two areas: providing retailers with workers to fulfill those orders and providing a flexible way for independent workers to earn regular income. Zubale’s operations began in Mexico and have since expanded into Colombia, Costa Rica and Peru.
Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020. Today, Nuvemshop is announcing that it has closed on a $90 million Series D funding led by Accel. Nuvemshop currently operates in Mexico, Brazil and Argentina.
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.”.
T ruora , a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Founded in August 2018, Truora was originally focused on background checks for gigster platforms.
SmartRyde , a Japanese online pre-booked airport transfers service platform, is a marketplace that connects travelers to local transportation operators/online travel agencies (OTAs). It will also use the funding for global expansion, Kimura said. SmartRyde announced today it has secured a $1.6
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. Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A. Image Credits: JOKR.
The large difference is that most funders tend to direct a majority of their arts funding to local and regional organizations. These organizations are currently offering grant and funding opportunities and/or accepting letters of inquiry or project ideas. . Funding Priority: Arts & Culture. Ford Foundation.
UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. The startup also partners with “top local experts” to offer micro courses and live classes. Companies can then monitor and analyze KPIs and customize their employees’ learning journey.
Photo by Fuel Relief Fund on GlobalGiving. Note from Beth: With the hurricanes, gun violence, and fires, I gave generously, including donations to Global Giving funds. 3: Nonprofits around the world are still successful in meeting funding goals for other causes. I surpassed my giving budget for disaster relief giving.
Growing up in Mexico City, Pamela Valdes says she was a bullied child who was inspired by stories her parents told of other bullied individuals, such as Bill Gates, who went on to be very successful. Meanwhile, 35% of the content creators on Beek’s marketplace earn more than their local minimum wage in their first month, she says. “We
One day can make a difference and New Mexico State University (NMSU) can prove it! We had goals to increase total giving to the NMSU system, increase alumni giving rates, see participation of 1,000 donors, add endowments for colleges, departments and units across the system and establish communication partnerships with local businesses.
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