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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. Born in Venezuela, Zavarce came to the U.S.

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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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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 Same for Peru-based Salkantay Ventures , which said it closed on $26 million for its first fund , Salkantay Exponential Fund. billion, for its tenth fund.

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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., It typically is owned by the laser scanning market,” says Sanz. Skycatch Raises $13.2M Indonesia, China, Philippines, Thailand and Japan.

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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. But Ethan Choi, a partner at Accel, said his firm saw in Nuvemshop the potential to be the market leader, or the “de facto” e-commerce platform, in Latin America. billion in 2023. “In

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Kushki, an Ecuador-based fintech, raises $86M to build financial infrastructure in Latam

TechCrunch

The company, which was founded in 2017, already has operations in Mexico, Colombia, Ecuador, Peru, and Chile. The Series B will be used to accelerate growth and expand to Brazil and nine other markets in Central America. That’s why Kushki’s approach has to be somewhat custom in each country. “We

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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. Indeed, one of its next steps is expanding across Latin America, starting with Mexico and then Peru. You’ll hear first-hand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.