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Rebill , an Argentina-based startup, raised $3.6 The $3 million seed round was led by Tiger Global Management and included Y Combinator, Soma Capital, SV Angel and a group of angel investors, including Dropbox co-founder Arash Ferdowsi and Vercel founder Guillermo Rauch. “We
And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures V, a $475 million early-stage fund, believed to be the largest vehicle of its kind ever raised in the region, and Kaszek Ventures Opportunity II, a $525 million for later-stage investments. And Kaszek has been at the heart of it all.
Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. The investment brings Nowports’ total raised since its 2018 inception to over $24 million. Nowports raises $5.3 The company currently has offices in Mexico, Chile, Colombia, and Uruguay.
Argentina-based clicOH is the latest shipping technology company attracting venture capital funding, raising $25 million in Series A funding in a round led by Tiger Global. ClicOH is among a number of startups raising funding as they develop e-commerce infrastructure to grab a piece of this burgeoning market in Latin America.
Cross-border payments startup dLocal has raised $150 million at a $5 billion valuation, less than seven months after securing $200 million at a $1.2 Alkeon Capital led the latest round, which also included participation from BOND, D1 Capital Partners, and Tiger Global. billion valuation.
To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. Startups are transforming global trade in the COVID-19 era.
Kaszek Ventures , one of Latin America’s first venture firms, has raised $975 million across two funds. In recent years, there has been an explosion of global investor interest in Latin American startups. Since 2011, Kaszek has backed more than 120 companies, which the firm says collectively have raised more than $15.5
Ricardo Sangion previously launched operations for Facebook and Pinterest in Latin America, before joining operator-led global investors TheVentureCity as partner for first-ticket investments in the region. For good reason, too: Startups have raised $9.3 There has been significant hype around Latin America’s startup success.
The pandemic had just started, and while quarantining, the trio found themselves in the position — separately — of advising entrepreneurs who were trying to navigate the new normal amidst an increase in interest from global investors. It also wanted to make its thesis even more compelling when it did go to raise, noted Gotthilf.
After its mammoth $528 million Series F raise , it acquired several of Delivery Hero’s businesses in Central and Eastern Europe for $208 million. However, in markets like Africa, there are fewer concerns regarding the working conditions of riders, which undoubtedly appeals to what these global players fancy.
Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. Its biggest competitor, Bolt, raised “roughly 50 times that figure,” according to The Information. .
These include deep breath Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru and Uruguay. So far, we haven't seen or heard of any US or UK price increases.
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