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

TechCrunch

Jüsto , the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market. We previously reported on the company last February when it raised $65 million in a Series A round led by General Atlantic. Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A.

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Social commerce startup Elenas raises $6M and plans for international expansion

TechCrunch

And today, it announced that it has raised $6 million in Series A funding. “For us, the goal is to provide this backend operating system that gives women everything they need to run their store,” he added. Indeed, one of its next steps is expanding across Latin America, starting with Mexico and then Peru.

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Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services

TechCrunch

Belvo , a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. Citing Crunchbase data, Belvo believes the round represents the largest series A ever raised by a Latin American fintech. Belvo’s goal is to link all sorts of accounts together.

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Orchata raises $4M, aims to build a ‘Gopuff for Latin America’

TechCrunch

Garcia sees three different waves in this market: the first one being traditional supermarkets, where you can spend hours, which led to the second wave of food delivery companies, including some big players in the region — for example Rappi in Colombia, which in July raised $500 million in Series F funding at a $5.25

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99minutos clocks in fresh capital for logistics infrastructure in Latin America

TechCrunch

Patjane told TechCrunch that he wasn’t immediately looking for additional capital after closing the Series B, and in fact had plans to begin raising again this year. 99 minutos, Mexico’s last mile delivery startup, raises a $40M Series B. That interest didn’t happen before,” he added. Revenue grew three times year over year.

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Ecuadorian payments infrastructure startup Kushki lands $100M at a $1.5B valuation

TechCrunch

Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 The startup had raised $86 million in the first tranche of the financing in June of 2021 at a post-money valuation of $600 million. Europe, APAC and Brazil.

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Yummy’s super-sized round helps grow its delivery, ride-sharing super app in LatAm

TechCrunch

The company has also moved on from its initial markets of Venezuela and Bolivia and into Peru and Panama, Zavarce told TechCrunch. For its grocery business, Zavarce’s goal last year was to have 50 active dark stores by the end of 2022. It is also providing thousands of gig worker jobs in the region. That is poised to be a $9.3

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