byFelipe Osorno-Giraldo September 17, 2024 No comments 1 minute read Brazilian neobank Yolo Bank raised a $500K pre-seed round led by Marathon Ventures. Yolo Bank will use the funds to enhance its AI technology and to hire new talent. “We are hiring new talent, mainly to help with onboarding universities. Our focus is to grow […]
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bySara Delgado September 17, 2024 No comments 1 minute read Ume, a Brazilian BNPL that leverages Pix, the instant payment platform created by Brazil’s Central Bank, raised $15M in a Series A round led by PayPal Ventures. Ume also secured a $20M credit line from the Federal Deposit Insurance Corporation. With the funds, the BNPL
Ume raises $15M in Series A Leer más »
byFelipe Osorno-Giraldo September 13, 2024 No comments 1 minute read Brazilian real estate-focused AI startup Plaza raised a $1M pre-seed led by Magma Partners. Latitud, Urca Angel, and other real estate investors Ernani Assis (ex-Grupo ZAP) and Leandro Abreu (Quinto Andar) also participated in the round. “Our main goal with this funding is to improve
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byMatheus Tomé September 12, 2024 No comments 1 minute read Brazilian healthtech PsycoAI raised a $440K pre-seed round led by Dr. Consulta. Paulo Chapchap, Sírio-Libanês’s former General Manager; Ricardo Bottas, SulAmérica’s former CEO; Flávio Rossetto; and Rodrigo Freire also participated in the round. PsycoAI offers AI-powered virtual assistants that personalize interactions by analyzing patient data,
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byAdriana Villasana September 11, 2024 No comments 1 minute read Arvo, the Brazilian AI-powered platform designed to identify errors and fraud in healthcare transactions, raised $4.5M in a funding round led by Canary and K50. Latitud, Prefaced, and Endeavor Scale-Up Ventures also participated in the round. The funds will be used to expand Arvo’s tech
Healthtech Arvo raised $4.5M to avoid payment fraud Leer más »
byMatheus Tomé September 10, 2024 No comments 1 minute read Brazilian fintech unicorn Neon raised a $102M Series E from existing investors. The Series E was divided into two tranches, one of $64M in December 2023 and one of $38M in August 2024. Neon will use the funds to pursue profitability through enhancing its technology
Neon raises $102M Series E round Leer más »
byAraceli Dominguez September 10, 2024 No comments 1 minute read This week’s Espresso covers news from Mercately, Vetwork, Puntored, and more! Outline of this episode: [00:27] – Comun secures $21.5M in Series A funding [00:41] – Bia Energy secures $10M credit line [00:56] – Mercately raises $2.6M pre-seed round [01:18] – Puntored raises $2M from
byMilena Garbarino September 9, 2024 No comments 1 minute read Gringo, a Brazilian app that simplifies bureaucratic processes for drivers by helping manage and pay fines, taxes, and renew licenses, raised $12.4M in a Series C extension led by Moore Capital. This new investment follows last year’s $29M round led by Valor Capital, Kaszek, ONEVC,
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byMatheus Tomé September 9, 2024 No comments 1 minute read Vetwork, a management platform for veterinary clinics and pet stores in Brazil, raised $3.6M from SRM Ventures, the venture capital arm of SRM Asset. Vetwork will use the funds to acquire new customers, aiming to triple its client base and serve 3,000 clinics by 2025.
Vetwork raises $3.6 from SRM Ventures Leer más »
bySara Delgado September 3, 2024 No comments 1 minute read Brazilian adtech Basemaker raised a $300K round led by DOMO.VC, with participation from Anjos do Brasil and Antler. This investment raises the total amount to over $427K, including earlier funding from Antler. Basemaker will use the funds to launch tools that help creators close deals
Basemaker raises $300K round led by DOMO.VC Leer más »
byMatheus Tomé September 3, 2024 No comments 1 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. There was plenty of activity from the Caribbean to South American countries, with Costa Rican, Salvadoran, Brazilian, and Chilean startups in the spotlight. Here are the launches, partnerships, expansions, and fundings
byMatheus Tomé September 2, 2024 No comments 1 minute read Brazilian biotech startup Cellva Ingredients raised a $1.5M round from ProVeg, Rumbo Ventures, AirCapital, Fundepar, and EA Angels. 151 additional investors participated in the round through the crowdfunding platform Captable. Cellva will use the funds to enhance production infrastructure, hire new people, and expand internationally.
Cellva Ingredients raises $1.5M Leer más »
