byMatheus Tomé August 1, 2024 No comments 1 minute read Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene. Fintechs made up the majority of headlines in the second part of July, with payment startups being especially active. Here are the product launches, partnerships, expansions, and funding we saw in […]
byMilena Garbarino July 31, 2024 No comments 1 minute read Peruvian foodtech Nutri Co has secured $2M from Uruguayan bioactives producer Terraflos. This round follows Nuti Co’s pre-seed round in 2023. The funds will enhance Nutri Co’s operations in Chile and Mexico and support expansion into Argentina and Colombia by late 2024 and 2025. Nutri
Nutri Co raises $2M Leer más »
byAraceli Dominguez July 30, 2024 No comments 1 minute read This week’s Espresso covers news from Winnin, Relif, Escala, and more! Outline of this episode: [00:28] – Winnin closes Series A round led by Kaszek and Alexia Ventures [00:43] – Chilean fintech Relif raises $400K [00:55] – Escala raises $12M funding round [01:11] – Tapi
Tapi raises $22M led by Kaszek, Ep 177 Leer más »
Mexican fintech Digitt secured $50M in debt from CoVenture. This is CoVenture’s first direct investment in Latin America. With the funds, Digitt will expand its debt refinancing product, aiming to triple its loan book in the next 12 months. The fintech also plans to broaden its product offerings. Digitt specializes in refinancing personal debts with
Digitt raises $50M from CoVenture Leer más »
byMatheus Tomé July 30, 2024 No comments 1 minute read Argentinian paytech Tapi raised $22M in a Series A round led by Kaszek, with participation from Andressen Horowitz. As part of the deal, Kaszek’s Co-Founder and Managing Partner Nicolas Szekasy joined Tapi’s board. Tapi will use the funds to enhance its tech infrastructure and expand
Tapi raises $22M Series A Leer más »
In 1997, I joined the founding team of Patagon.com. We sold the company three years later to Banco Santander for over $700 million. I like to joke that in the late 1990s, $700 million was still considered a lot of money. Over the past 25 years, I’ve observed the venture capital industry as it has
Venture Capital: Golden Key or Gilded Cage Leer más »
bySara Delgado July 25, 2024 No comments 1 minute read Escala, a USA-based CRM provider for Hispanic SMEs, raised $12M in an investment round co-led by IGNIA and Alaya Capital, with participation from High Alpha. With the funds, Escala will grow its team and enhance features like WhatsApp integration and Artificial Intelligence. “Our goal is
Escala raises $12M funding round Leer más »
bySara Delgado July 19, 2024 No comments 1 minute read Brazilian contract lifecycle management platform NetLex raised $24M from Riverwood Capital, marking the largest investment in a CLM company in Latin America. With the funds, NetLex will expand its operations across Latin America and integrate AI into its platform. NetLex optimizes contract management by streamlining
NetLex raises $24M in Series B round Leer más »
A few weeks ago, I was invited to facilitate a Startup Weekend in Cali. This was my fifth visit, but I had never had the chance to really get to know the city. This time, I decided to stay longer to explore and understand the entrepreneurial ecosystem of the so-called Sucursal del Cielo. Here’s what
Overview of Cali’s entrepreneurial ecosystem Leer más »
byMatheus Tomé June 28, 2024 No comments 1 minute read Costa Rican insect-based animal feed startup ProNuvo raised $2M from the International Finance Corporation (IFC), a division of the World Bank Group that focuses exclusively on promoting the private sector in developing countries. ProNuvo will use the funds to launch a new plant with an
Sustainable foodtech startup ProNuvo raises $2M from the IFC Leer más »
byMatheus Tomé June 24, 2024 No comments 1 minute read Cleantech Kilimo raised $7.5M in a Series A round led by Emerald Technology Ventures. The Yield Lab Latam, Salkantay Ventures, Kamay Ventures, and iThink VC also participated in the funding. Kilimo will use the funds to expand its operations to the US and Europe. Kilimo
Cleantech Kilimo raises $7.5M in Series A round Leer más »
byHellen Villena June 12, 2024 No comments 1 minute read B2C remittance solution Félix raised a $15.5M Series A round led by Castle Island Ventures, with participation from Switch Ventures, HTwenty Capital, Contour Venture Partners, MELI Capital, Mercado Libre’s corporate venture arm. The funding follows their $7.8M pre-seed extension in September 2023. Félix will use
Mexican fintech Félix Pago secures $15.5M Series A Leer más »
