TechCrunch

JANUARY 20, 2021

The Miami-based company (with locations in Amsterdam, Barcelona, Berlin, Lisbon, Madrid, Mexico City, Miami, Paris and São Paulo) said it will use the money to build out more virtual offerings to complement the company’s campuses. Over the next five years, 13 million jobs will be added to the tech industry in the U.S.,

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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 Stori launched its credit card product in Mexico in January 2020. million customers in Mexico, which it claims is up “over 3x” from the prior year. Enter Stori.

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TechCrunch

AUGUST 25, 2021

Flink , a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners. Existing backers Accel, ALLVP, Clocktower and new investor Mantis Venture Capital (founded by The Chainsmokers) also put money in the Series B. The demand for what the startup has to offer is clearly there.

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TechCrunch

JULY 21, 2021

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. Tech in Mexico: A confluence of Latin America, the US and Asia. The company says its model differs from that of its U.S.-based

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TechCrunch

JUNE 25, 2021

Fintual is an automated passive investment platform that allows the average person in Chile or Mexico to invest in mutual funds containing ETFs (Exchange Traded Funds), investment vehicles that aren’t as well known, or as readily accessible in Latin America. Assets Under Management (USD)*. Annual Growth. May 2018. 1.2

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TechCrunch

MARCH 15, 2021

Fondeadora , a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round. Google’s Gradient Ventures, an existing investor in the company, is putting more money in Fondeadora. As most people still rely heavily on cash in Mexico, creating a challenger bank represents a good opportunity.

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TechCrunch

AUGUST 24, 2021

Firms such as SoftBank, Tiger Global Management, Tencent, Accel, Ribbit Capital and QED Investors are pouring money into LatAm. One Mexico-based VC even declared that the story was about “talent, not capital.” Brazil and Mexico riding the gravy train. Some are even seeing more opportunity than in the U.S.

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The Next Web

OCTOBER 15, 2012

Silicon Valley is made up of solely one industry: technology, whereas countries in emerging markets have existing industries, around which entrepreneurs are innovating. In Africa in particular governments are very involved in promoting technology and see it as a future industry that will kick start the economy.

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TechCrunch

MAY 17, 2022

The money will be put toward product development and expanding Tractian’s workforce and geographic footprint, according to co-founder and co-CEO Igor Marinelli, as well as ongoing customer acquisition efforts. “[W]ithout the proper combination of hardware and software, you can’t solve the industry’s real challenge.”

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TechCrunch

APRIL 20, 2022

A group of angel investors also put money in the round, including Simon Borrero, founder of Colombian on-demand delivery unicorn Rappi; Frubana founder Fabian Gomez; Tul’s Enrique Villamarin; and founders from Truora and Chiper, among others. The industry lacks technology in every aspect.”. The demand is there, in her view.

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TechCrunch

AUGUST 30, 2022

MEDU , a Mexico-based startup, wants to reduce that waste and replace single-wear medical garments through the creation of a line of sustainable, virus-resistant reusable pieces, including surgical gowns, head coverings and full-body suits. In the meantime, the company already has approval in Mexico and is working with five hospitals there.

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TechCrunch

JULY 29, 2021

La Haus , which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. By year’s end, La Haus intends to be in every major metropolitan area in Mexico and Colombia. .

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TechCrunch

AUGUST 15, 2022

The Mexico City-based company emerges with new funding, $3.9 We raised some money, got some grants from the Mexican government.”. That growth has enabled us now to be in a very strong position to make an impact in the industry,” he added. million in Series A dollars, and a new U.S. headquarters in Indianapolis.

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TechCrunch

AUGUST 30, 2021

But while the industry hails the rise of the region’s ecosystem and its growing fleet of unicorns , Latin America’s startup story has a far longer past. VCs have more money than ever, and it’s getting increasingly expensive to invest in North America. Money is not enough, investors should bring dedicated resources.

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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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The Verge

MAY 27, 2020

Instagram will share an “industry standard” 55 percent cut with creators, Justin Osofsky, Instagram’s COO, tells The Verge. After that, it’ll expand across the US, Brazil, UK, Germany, France, Italy, Turkey, Spain, and Mexico. Overall, Instagram is trying to take a bigger stake in how creators make money on its platform.

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TechCrunch

DECEMBER 9, 2020

Six years after the launch of the Mexico-based cryptocurrency exchange and financial services platform Bitso , the company revealed it has closed on $62 million in financing to capitalize on the cryptocurrency boom investors expect to hit Latin America. . You can use it to move money cross-border. “It’s not going away. .

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TechCrunch

JULY 6, 2021

As Ravikant puts it, “founders want to know that the people they are taking money from have first-hand experience.” . The idea was to bring global founders together with diverse skillsets in diverse industries and geographies to evaluate deals better and drive value for each other. Fund of micro funds but more than money.

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TechCrunch

NOVEMBER 11, 2021

Santiago-based Houm plans to use the new capital mostly to expand to 15 new cities across Mexico, Colombia and Chile — the three countries in which it currently operates — as well as to triple its current headcount of 350. The startup had used its seed capital to expand and consolidate in Bogota, Colombia, and Mexico City. (It

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Raise Colombia Mexico Chile 97

TechCrunch

MAY 26, 2021

Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Those employees are spread across its offices in San Francisco, Chicago, Detroit, Denver, Mexico City, Mexico and Krakow, Poland. They had to adapt quickly to survive.

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TechCrunch

JANUARY 12, 2021

While it had seemed to start last year in a bit of a correction, demand for it during the pandemic (and its widespread designation as an essential business), created a breakthrough for the industry. Markets, deals and valuations are volatile in our industry but we all have to do our best to tune out the noise and focus.

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TechCrunch

APRIL 2, 2022

Rather than launching brands, these are B2B alternative protein companies developing scalable industrial production platforms. No other industry exists where the big players are completely vertical,” she told TechCrunch. “So So we really believe that to build this industry at the large scale that is needed to feed the world.

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TechCrunch

DECEMBER 2, 2021

Anyways, Better.com got access to half its SPAC money early and then laid off 9% of its staff. And then startups started to have names like Vertical SaaS 4 Ur Industry, and it all got a bit corporate. And Kueski just added a bajillion dollars to its accounts to help it grow its Mexico-focused BNPL solution.

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TechCrunch

MAY 4, 2022

We’re putting our money on the small mass manufacture of mass-produced launchers as being both the more cost effective and ultimately, the more efficient way to get small satellites into orbit.”. It’s these engines that will be integrated with Daytona for a hot-fire test in New Mexico over the summer.

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TechCrunch

AUGUST 2, 2022

The startup — also backed by Y Combinator — touts that its site features over 50,000 listings and has more than 1 million monthly unique active users in Argentina and Mexico. With its new capital, Mudafy’s immediate priority is to expand to more cities in Mexico, a market it entered in 2020. Image Credits: Mudafy.

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Fund Process Raise Mexico 77

TechCrunch

OCTOBER 5, 2021

Historically, Brazil and increasingly as of late Mexico, have received the bulk of venture dollars from venture investors. Interestingly, a group of founders from unicorns such as Rappi, Kavak, Konfio, GBM, Ualá and Brex also put money in the round. Why global investors are flocking to back Latin American startups.

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Chile Platform Management Peru 86

TechCrunch

MAY 5, 2022

Last year, rali_cap raised $2 million, money it has since deployed. Rali_cap is particular about startups in large markets across these regions — Nigeria, Egypt and South Africa in Africa; Brazil and Mexico in Latin America; and Pakistan and Bangladesh in South Asia.

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TechCrunch

FEBRUARY 2, 2021

from Mexico during the Mexican Revolution, the other harkens back to rural Oklahoma. Follow the money. These same founders historically bootstrapped their companies out of need, as access to early-stage, high-risk capital can be scarce and vary widely city by city, state by state, industry by industry.

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TechCrunch

MAY 28, 2021

Senior executives from Robinhood, Stripe, Wise, Carta and Capital One also put money in the round. We spent two months studying possible paths, talking to people and investors in the United States, Brazil and Mexico, until we came up with the idea of creating an insurance company that can modernize the sector, starting with auto insurance.”.

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TechCrunch

JUNE 29, 2021

billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature companies. The announcement underscores both the robust confidence investors continue to have for backing startups in the tech sector and the amount of money available to startups these days.

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TechCrunch

APRIL 3, 2023

Kaszek plans to put money in 20 to 30 companies out of its early-stage fund (at the seed, Series A and Series B stages), with check sizes ranging from $500,000 to $25 million, according to Hernán Kazah, Kaszek’s co-founder and a managing partner. “We While that frenzy has tapered off some ( $7.8 billion in capital.

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TechCrunch

SEPTEMBER 13, 2022

With EWA, since you’re only accessing money you’ve already earned, there’s no risk of accumulating debt, and workers can better manage their finances. The potential for this model is huge, but the industry is still very much in its early stages. One sector where EWA is viewed favorably is the nursing/medical industry.

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TechCrunch

APRIL 22, 2022

Bitso, a Mexico City-based crypto exchange, is pledging to buy carbon offsets for every bitcoin transaction on its platform to compensate for the cryptocurrency’s environmental toll. In turn, Moss will use the money in part to fund projects that preserve forests and fund sustainable agriculture. So, will it work?

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TechCrunch

AUGUST 7, 2022

and Mexico. We have seen several high-profile companies raising new money at much lower valuations, which shows this is starting to happen,” Ruark said. There is plenty of money available, but investors are looking for stronger performance, profitable performance. Klarna recently raised $800 million at a $6.7

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Brazil Fund Pakistan Mexico 106

The Verge

JULY 15, 2020

But expansions and vehicle manufacturing take money — lots of money. Autonomous technology is entering our industry,” said Persio Lisboa, president and CEO of Navistar, in a statement, “and will have a profound impact on our customers’ businesses.”. The company is also working with UPS.

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TechCrunch

OCTOBER 22, 2021

But easy money can create special pressure for early-stage founders, according to Lightup.ai You can’t speed up GTM with more money. Fintech in Latin America is on fire, and nowhere more so than in Mexico — startups in the sector roped in nearly 20% of all capital invested in the region last year. founder Manu Bansal.

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Analysis Mexico Images Lesson 71

TechCrunch

MAY 7, 2023

Mary Ann Image Credits: Brex Other weekly news Christine, Mary Ann and Natasha Mascarenhas teamed up to write about the collapse of First Republic Bank , speaking with tech founders and investors who had money in the bank about what happens next. clients “have some sort of global operations.” . Fintech projected to become a $1.5

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