TechCrunch

NOVEMBER 15, 2021

Prior to Aplazo, Peña lived in New York and worked at Morgan Stanley investing in credit in Mexico, while Wieland had been launching businesses across Latin America after spending time at companies like Uber and Lime. However, credit penetration in Mexico is low, less than 10% , due to lack of trust in the banking system, he added.

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TechCrunch

APRIL 28, 2021

Merama, a five-month old e-commerce startup focused on Latin America, announced today that it has raised $60 million in seed and Series A funding and $100 million in debt. The company has dual headquarters in Mexico City and São Paulo. It is currently focused on Mexico, Brazil, Argentina and Chile. billion in 2023. “For

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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

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

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. Skydropx team. million deliveries a month.

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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. Its ultimate goal is to expand to all of Latin America.

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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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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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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

APRIL 16, 2021

Enter Nelo , a startup founded by former Uber international growth team leads, which is building buy now, pay later in Mexico. He and co-founder Stephen Hebson used to work for Uber’s international growth team, growing financial services products in India, Mexico, China and Brazil. “We We were solving a real pain point.”.

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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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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

APRIL 27, 2022

We have doubled down on both the company and our engineering team; we now have around 90 people, many of whom have done this before,” Salama said. “We 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.

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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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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

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. It is valued at $22 million, post-money. “We

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TechCrunch

JULY 15, 2022

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.

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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

AUGUST 3, 2021

InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. For our customers, our dealers, and our team, last year was challenging and scary. Indonesia and Mexico,” Nordin said. InstaCarro has the right team to tackle the challenges ahead.”.

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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

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

AUGUST 8, 2022

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.

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TechCrunch

JUNE 30, 2022

The investors raised $40 million for their first fund after starting the firm in 2018 and have now closed on $100 million in capital commitments for MAYA’s second fund. With their first fund, they backed over 29 companies in 12 sectors across Brazil, Mexico, Colombia and Chile. Women make up just 2.4%

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TechCrunch

AUGUST 2, 2021

The Mexico City-based B2B software and payments company provides three products, VendorPlace , P-Card and PorCobrar , for managing cash flow, optimizing access to smart liquidity, and connecting small, midsize and large businesses to an ecosystem of digital tools. Today, the company announced the close of a $20.4

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TechCrunch

APRIL 21, 2021

The company says its value proposition lies not only in its ability to provide SMEs with virtual and physical corporate cards, but also a digital platform that allows founders and CFOs “to give access to and manage the spend of their distributed teams.”. Another accelerator for its products was how the pandemic forced teams to work remotely.

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TechCrunch

JUNE 25, 2021

One of those startups is Chilean-based Fintual, which today announced a $15 million round led by Kaszek Ventures, the largest fund in Latin America. While traditional mutual funds in Chile and Mexico charge up to 6.45% and 5% annually, Fintual charges 1% annually of assets managed. Assets Under Management (USD)*. Annual Growth.

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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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TechCrunch

MAY 30, 2022

SWVL said that though these acquisitions have contributed to its overall growth, it will need to make reductions on roles automated by investments in its engineering and product and support functions teams. Whether SWVL will continue its expansion into new markets such as Colombia, Mexico and South Africa, and the U.S.

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TechCrunch

JULY 21, 2021

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.

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TechCrunch

SEPTEMBER 14, 2021

Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. SoftBank is launching the new fund with an initial $3 billion commitment. billion in 48 companies with a fair value of $6.9

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TechCrunch

SEPTEMBER 1, 2022

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.

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Beneblog: Technology Meets Society

MAY 27, 2012

Although I'm firmly on the nonprofit side with Benetech (because we focus on big issues where the market is failing), it's definitely easier to get funded sustainably if you have an exciting and invest-able business plan. The rise of for-profit social enterprises has been quite exciting. The economics are compelling.

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TechCrunch

DECEMBER 2, 2021

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.

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TechCrunch

AUGUST 2, 2022

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.

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TechCrunch

DECEMBER 2, 2021

Kueski , a Mexico City-based “buy now, pay later” and online consumer lender, announced today it has secured $202 million in equity and debt funding. He was motivated after he, his friends and family experienced difficulty in getting access “and how terrible the user experience was in accessing financial services in Mexico.”.

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TechCrunch

MARCH 4, 2021

million in a funding round led by Brazilian venture capital firm Canary. An intelligent and automated micro-savings feature where users can create personalized rules (such as transferring $15 into a rainy day fund every time their favorite sports team wins). Currently, the 11-person team works out of the U.S., In the U.S.,

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TechCrunch

SEPTEMBER 1, 2021

Flat.mx, which wants to build a real estate “super app” for Latin America, has closed on a $20 million Series A round of funding. Founded in July 2019, Mexico City-based Flat.mx The real estate market in Mexico is broken,” said co-founder Bernardo Cordero. Mexico doesn’t have a Multiple Listing Service (MLS).

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