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Nuvocargo raises $20.5M at a $180M valuation to bolster trade between the US and Mexico

TechCrunch

Nuvocargo , a logistics startup out to help simplify the challenges of cross-border trade, has raised $20.5 The round valued the New York-based startup at $180 million, more than double the $70 million it was valued at when it raised $12 million in April. A truckload from Mexico to the U.S. Chhugani explained.

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Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs

TechCrunch

Super.mx , an insurtech startup based in Mexico City, has raised $7.2 million seed round, which also saw capital from 500 Startups Mexico, Village Global, Anthemis and Broadhaven Ventures, among others. The founding team brings a variety of insurance experience to the table. million in a Series A round led by ALLVP.

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Ukrainian startup Zeely raises $1M for SMB growth app aimed at US, UK, Brazil, Mexico

TechCrunch

In Mexico, for instance, 97.4% Thus we’ve seen the funding of mobile-first website builder Univer.se, which raised $47M from Google Ventures, General Catalyst, and Addition. Zeely’s users are so far spread across the US, UK, and emerging markets such as Brazil and Mexico. of firms in the region.

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Merging Airbnb and the traditional hotel model, Mexico City’s Casai raises $23 million to grow in Latin America

TechCrunch

With travel and tourism rising across Latin America, Casai , a startup combining Airbnb single unit rentals with hotel room amenities, has raised $23 million to expand its business across Latin America. “I wanted to define a product from a consumer angle,” said Barawid. “I wanted this to exist.”

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Mexican fintech startup Stori reaches unicorn status with $50M equity raise

TechCrunch

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 With this latest raise, Stori has raised more than $200 million in equity funding since its 2018 inception. . Enter Stori. billion valuation. Its new $1.2

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Nelo raises $3M to grow ‘buy now, pay later’ in Mexico

TechCrunch

Enter Nelo , a startup founded by former Uber international growth team leads, which is building buy now, pay later in Mexico. With the latest capital infusion, Nelo has raised a total of $5.6 But in markets like Mexico, the percentage of cash payments for trips was very high. Stori raises $32.5M Miller said. “By

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Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A

TechCrunch

Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class. million in debt from Banco Sabadell Mexico — brings minu’s total raised since its 2019 inception to a total of $20 million. .

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