Investment

brazilian-insurtech-loovi-raises-$9m

Brazilian insurtech Loovi raises $9M

byMaría Camila David February 27, 2024 No comments 1 minute read Loovi, a Brazilian insurtech specialized in vehicle tracking, security, theft warranty, and fleet management services, secured $9M in funding from Marçal Holding and Oliveira Participações. With the new funding, Loovi will expand its presence in Brazil, strengthen its technological infrastructure, grow its customer base,

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Cuida Mi Mascota acquires Mexican pet tech Tu Mejor Amigo

byLiliana Sánchez February 26, 2024 No comments 1 minute read Mexican pet tech Cuida Mi Mascota acquired competitor Tu Mejor Amigo for an undisclosed amount. The acquisition is expected to create cross-selling opportunities between the two companies, to continue expanding in the Mexican market.  Federico Aracre, Co-founder of Tu Mejor Amigo, expressed confidence that leveraging

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housi-raises-$10m-to-expand-globally

Housi raises $10M to expand globally

byMatheus Tomé February 26, 2024 No comments 1 minute read Brazilian startup Housi, which offers a subscription-based living solution, raised $10M in a round led by Redpoint eventures and TM3 Capital. Açolab Ventures, the CVC leg of ArcelorMittal, also participated. Housi will use the funds to expand internationally, starting in the US and Portugal, and

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bemagro-raises-$2m-in-pre-series-a-round

BemAgro raises $2M in pre-Series A round

byFelipe Osorno-Giraldo February 23, 2024 No comments 1 minute read BemAgro raises $2M in pre-Series A round Brazilian agtech BemAgro raised $2M in a pre-Series A led by CNH Industrial, Rural Ventures, MMAgro and Agroven. The investment was made through the agtech investment platform, Arara Seed.  BemAgro will use the capital to expand in Brazil

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simetrik-raises-$55m-in-series-b

Simetrik raises $55M in Series B

byHellen Villena February 22, 2024 No comments 1 minute read Colombian payment infrastructure startup Simetrik raised a $55M Series B led by Goldman Sachs Asset Management. FinTech Collective, Moore Strategic Ventures, Cometa, and Mercado Libre Fund also participated in the round. The funding comes 21 months after Simetrik’s $24M Series A in April 2022, totaling

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4mdg-raises-$760k-from-br-angels

4MDG raises $760K from BR Angels

byMatheus Tomé February 19, 2024 No comments 1 minute read Brazilian data management startup 4MDG raised $760K in a round led by BR Angels, with participation from Darwin Startups. 4MDG will use the funds to introduce new functionalities to its platform, grow its team, and consolidate its brand in Latin America. “We will also launch

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colombian-fintech-bold-raises-$50m-series-c

Colombian fintech Bold raises $50M Series C

byLiliana Sánchez February 16, 2024 No comments 1 minute read Colombian payments startup Bold raised a $50M Series C led by General Atlantic. InQLab, Amador Holdings, and the International Finance Corporation (IFC) also participated in the round. Bold will use the capital for product development and to continue its expansion in Colombia.  Bold provides low-cost

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colombian-fintech-plataform-raises-$3m-in-first-investment-round

Colombian fintech Plataform raises $3M in first investment round

byJort Van Der Horst February 14, 2024 No comments 1 minute read Colombian fintech Plataform raised $3M in a funding round led by Skandia and Progresión Sociedad Comisionista de Bolsa. With the funds, Plataforma plans to expand its services for local businesses by introducing new offerings like bank factoring, private factoring, confirming, and crowd factoring.

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traive-secures-$20m-for-brazilian-expansion,-ep-159

Traive secures $20M for Brazilian expansion, Ep 159

byAraceli Dominguez February 13, 2024 No comments 1 minute read In this week’s Espresso, we cover news from Cogtive, Vertown, Tenchi Security, and more! Outline of this episode: [00:28] – Tenchi Security raises $7M Series A [00:45] – Traive secures $20M investment [01:01] – Techreo closes $3.4M funding round [01:20] – Cogtive raises $2M in

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vertown-secures-$1.4m-to-accelerate-growth

Vertown secures $1.4M to accelerate growth

bySara Delgado February 12, 2024 No comments 1 minute read Brazilian waste management startup Vertown raised $1.4M in an investment round led by Açolab Ventures, the CVC arm of Arcelormittal, and Irani Ventures. Vertown will use the funds to accelerate product development and growth. Vertown’s technology helps companies manage  waste disposal more efficiently, ensuring legal

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brazilian-startup-cogtive-raises-$2m

Brazilian startup Cogtive raises $2M

byLiliana Sánchez February 12, 2024 No comments 1 minute read Cogtive, a Brazilian startup that uses IoT to improve manufacturing processes through sensors linked to machines, raised $2M in a round led by Indicator Capital. With the funds, Cogtive will continue developing its technology and expand to other Latin American countries in the pharmaceuticals, cosmetics,

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