TechCrunch

JULY 6, 2021

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.

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TechCrunch

MARCH 3, 2021

Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class. million in debt from Banco Sabadell Mexico — brings minu’s total raised since its 2019 inception to a total of $20 million. .

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TechCrunch

OCTOBER 14, 2020

The company, which initially was hit as hard by regional responses to the COVID-19 pandemic as other businesses in the hospitality industry, has recovered to reach nearly 90% of total capacity on the 200 units it manages around Mexico City. pandemic fund from Nubank. “I wanted this to exist.”

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TechCrunch

APRIL 12, 2023

In Mexico, for instance, 97.4% Thus we’ve seen the funding of mobile-first website builder Univer.se, which raised $47M from Google Ventures, General Catalyst, and Addition. Zeely’s users are so far spread across the US, UK, and emerging markets such as Brazil and Mexico. of firms in the region.

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TechCrunch

DECEMBER 20, 2022

He met his co-founders David Hernandez and Amran Frey at Konfio, and, along with Israel Garcia, started Aviva , a Mexico-based fintech startup focused on bringing working capital to unserved communities. million in pre-seed funding, the company is rolling out a network of physical and digital onboarding kiosks. Now buoyed by $2.2

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TechCrunch

MAY 24, 2021

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.

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Fast Company Tech

MARCH 18, 2025

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.

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TechCrunch

APRIL 1, 2021

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. Rappi Pay launched in Mexico just a few weeks ago, while I was still in the country. Contributor.

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TechCrunch

OCTOBER 22, 2021

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.

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TechCrunch

OCTOBER 26, 2021

Enter Skydropx , a Mexico City-based logistics management company that enables businesses to create an end-to-end automated delivery experience for customers that includes over 250 shipping options, track notifications via WhatsApp, estimated delivery times and return management. It now serves over 50,000 customers and makes more than 1.5

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TechCrunch

APRIL 5, 2023

The firm is targeting over $1 billion for Lux Ventures VIII, according to meeting materials from the New Mexico State Investment Council (NM SIC) for March 28, which committed $62.5 million to the fund. The fund will combine the firm’s early and late-stage investing strategies into one pool.

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TechCrunch

SEPTEMBER 21, 2021

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 The startup currently has 40 logistic and reconditioning hubs in Mexico, Brazil and Argentina.

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TechCrunch

OCTOBER 12, 2021

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.

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TechCrunch

NOVEMBER 10, 2022

Launched in 2021, the Mexico-based company works with over 70 producers to “rescue” food and delivers it to consumers. Andrade was a logistics advisor to the company since it started and previously led Walmart’s e-commerce logistics operations in Mexico. million in pre-seed funding to expand its program across Mexico City.

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TechCrunch

MARCH 10, 2021

Savannah Fund , a pan-African venture capital firm, today announced a $25 million fund as it looks to back more early-stage startups on the continent. Since launching in 2012, Savannah Fund — led by Mbwana Alliy and Paul Bragiel — has backed more than 30 startups. Mbwana Ally (Managing Partner, Savannah Fund).

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Candid

JULY 22, 2021

In other words, recipients in this latest round of funding tended to be smaller. . This time around, more than 30 recipients were fiscally sponsored entities, collaboratives, or specific funds within organizations. entities were also supported, including 11 based in India, two in Africa, and one in Mexico. . Geography .

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TechCrunch

JUNE 14, 2021

Then an earthquake hit Mexico City and that developer lost everything — including his home and computer — and had to relocate. “I After experimenting with the app with a sample of 700 people, Campos was even more encouraged and raised an angel round of funding for Yana , the startup behind her app. Image Credits: Yana.

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TechCrunch

JUNE 3, 2022

Kolors, a Mexico City-based startup, says its platform that connects intercity bus riders with bus drivers is like “if Uber and Southwest Airlines had a baby.” Kolors will use the funds to deepen its coverage in Mexico and parts of the U.S.,

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TechCrunch

SEPTEMBER 30, 2021

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.

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TechCrunch

AUGUST 2, 2021

Early-stage venture capital fund Newtopia VC launched Monday with $50 million to invest in tech startups based in Latin America. The fund will invest between $250,000 and $1 million in startups at the seed stage to help them achieve the milestones needed on the path to raising a Series A. We aim to help entrepreneurs in those stages.

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TechCrunch

JULY 21, 2022

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. Its Mexico operations are still in its first year, but it is growing 20% monthly and has 70 customers there. million in funding.

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Kindful

SEPTEMBER 14, 2021

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.

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TechCrunch

APRIL 27, 2022

Greylock led the round and was joined by Greenoaks, Andreessen Horowitz, Monashees, Founders Fund, Tiger Global, NXTP, ONEVC, MAYA, Pear VC, Avenir Growth and A* Capital. And, after establishing a footprint in Brazil, the company is accelerating its international expansion to Mexico and Colombia later this year.

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Bloomerang

APRIL 7, 2022

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. Ford Foundation.

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TechCrunch

MAY 5, 2022

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,

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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. We were not the biggest or the most seasoned fund, but were emerging managers.

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TechCrunch

JUNE 29, 2021

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

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TechCrunch

JANUARY 26, 2022

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.

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TechCrunch

APRIL 3, 2023

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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TechCrunch

JULY 25, 2022

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. We align ourselves with a lot of the ESGs.”.

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TechCrunch

DECEMBER 15, 2021

billion after securing $186 million in Series E funding, led by Wellington Management. Joining Wellington in the round were funds managed by SoftBank, Corton Capital, Valor Capital Group, Goldman Sachs, Globo Ventures and Kevin Efrusy. Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist.

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TechCrunch

JANUARY 27, 2022

sponsors meetups all across the globe (from Mexico City to Lagos, Nigeria) so that thousands of fellow “fintech friends” — as he calls them — can network and get to know each other. Image Credits: Lagos, Nigeria meetup / The Fintech Fund. In addition to publishing the newsletter, Milanovi?

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TechCrunch

NOVEMBER 22, 2021

Colombian e-commerce fulfillment startup Cubbo landed $4 million in seed funding as it launches operations in its home country this month after first going into Mexico earlier this year. Cubbo warehouse in Mexico City. In Mexico, we are the only company that can take an order up to 5 p.m. Image Credits: Cubbo.

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TechCrunch

FEBRUARY 9, 2021

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.

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TechCrunch

NOVEMBER 16, 2021

Hydrosat , a geospatial data startup, has secured $10 million in seed funding to accelerate the commercialization of its ground temperature analytics product. The decision to seek funding so soon after closing a $5 million round of financing in June was “opportunity-driven,” Fossel said. “We Airforce and the Department of Defense.

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TechCrunch

JANUARY 5, 2022

But Bankaya , a Mexico City-based financial services startup, is attributing its early traction on the opposite model — going after target customers in person. Bankaya’s target customers are the 50 million unbanked in Mexico. Most fintechs pride themselves on digital everything, including customer acquisition strategy.

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TechCrunch

MARCH 2, 2022

99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today $82 million in Series C funding, led by Oak HC/FT, with participation from existing investors Kaszek and Prosus Ventures. It has been a life-changing round.

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