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VC funds still rolling as Northzone announces largest fund, while Salkantay is largest Peru fund

TechCrunch

Three years after raising a $500 million fund , European venture capital firm Northzone is back with what partners are calling its “largest fundraise to date” of €1 billion, or $1.01 billion, for its tenth fund. Tech raised $400 million for its second fund, while Stage 2 Capital raised $150 million for its third fund.

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Yummy raises $4M, aims to be ‘super app of Venezuela’

TechCrunch

Yummy, a Venezuela-based delivery app on a mission to create the super app for the country, announced Friday it raised $4 million in funding to expand its dark store delivery operations across Latin America. The total investment includes pre-seeding capital raised in 2020.

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Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru

TechCrunch

We previously reported on the company last February when it raised $65 million in a Series A round led by General Atlantic. 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. is poised to be a $187.7

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Drone data scanning company Skycatch announces a $25M raise

TechCrunch

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., The funds will go toward expanding the 50-person company’s sales and marketing team — both of which have been fairly small portions of the company’s overall headcount.

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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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Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D

TechCrunch

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. Today, Nuvemshop is announcing that it has closed on a $90 million Series D funding led by Accel. Nuvemshop’s rapid growth caught the attention of Silicon Valley-based Accel.

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Skydropx taps new funding to expand logistics automation across Latin America

TechCrunch

The company intends to expand into other countries where e-commerce is growing, including Colombia, Argentina, Chile and Peru. To do this, the company announced Tuesday $20 million in Series A funding co-led by Base10 Partners, Cometa, and 645 Ventures. Since then, the company became profitable, growing over 300% in 2020 alone.

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