Startup Funding

kapital-secures-$40m-in-series-b-funding-for-sme-tech-expansion

Kapital secures $40M in Series B funding for SME tech expansion

byAdam James Bilyeu December 21, 2023 No comments 1 minute read Kapital, a Mexico City-based bank and technology platform, raised $40M in a Series B round and secured $125M in debt financing led by Tribe Capital with support from Cervin Ventures, Tru Arrow, MS&AD Ventures, and Alumni Ventures. This investment follows their $20M Series A in May of 2023. Co-founded in 2020 by Rene […]

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vammo-receives-$30m-to-scale-e-motorcycle-battery-swapping-across-latam

Vammo receives $30M to scale e-motorcycle battery swapping across Latam

byMaría Camila David December 20, 2023 No comments 1 minute read Vammo, the Brazilian electric mobility startup, secured a $30M Series A funding round led by Monashees, the climate tech fund 2150, and Maniv Mobility.  Vammo offers an electric motorcycle rental service with a subscription model, providing users unlimited access to battery-swapping stations in Brazil.  “Electric cars are

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mercado-de-recebiveis-raises-first-round

Mercado de Recebíveis raises first round

byMatheus Tomé December 18, 2023 No comments 1 minute read Brazilian fintech Mercado de Recebíveis was valued at $14M in its first round. The round was led by Urca Angels, with the participation of Inês Corrêa de Souza and Marcelo Bella. The funds will be channeled to product, tech, and hiring of new people. “We want to harness the full potential

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supra-gets-citi-funding-for-fintech-growth

Supra gets Citi funding for fintech growth

byGuadalupe Ibañez December 14, 2023 No comments 1 minute read Supra, a Colombian fintech, secured a strategic investment led by Citi, with participation from Far Out Ventures and H20 Capital. The funds will support and expand Supra’s operations in Colombia. Founded in 2023, Supra facilitates cross-border payments for small and medium-sized companies in the import and export sectors. “Supra

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deep-agro-raises-$2m-for-ai-based-agtech-expansion-to-brazil-and-the-us

Deep Agro raises $2M for AI-based Agtech expansion to Brazil and the US

byAdam James Bilyeu December 14, 2023 No comments 1 minute read Deep Agro, an artificial intelligence AgTech startup based in Argentina, closed a $2M Seed round led by Draco Capital and supported by Grupo Dacas, BYX Ventures, Innventure, and Pampa Start. With this funding, Deep Agro plans to expand its operations to Brazil and the United States.  Founded in 2017 by Juan

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avify-secures-$800k-in-a-pre-seed-round

Avify secures $800K in a pre-seed round

byErik Maestre December 13, 2023 No comments 1 minute read Costa Rican startup Avify raised a pre-seed round of $800K from 500 Startups, Zemu VC, Ganas Ventures, Amplifica Capital, Venture DO,  Qapu VC, and Caricaco. Avify will use the funds to continue developing its conversational commerce engine and establish a network of contracts for consignment order management and physical points. “We are excited to

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prosas-secures-$800k-in-funding

Prosas secures $800k in funding

byGuadalupe Ibañez December 8, 2023 No comments 1 minute read Prosas raised $800K from KPTL and Cedro Capital. The funds will be used to expand the commercial team and improve the platform’s infrastructure. Based in Minas Gerais, Prosas connects public and private entities supporting social and cultural projects with entrepreneurs, civil society organizations, and socially impactful companies. “Prosas simplifies

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letrus-raises-$7.4m-to-reach-1m-users

Letrus raises $7.4M to reach 1M users

byMatheus Tomé December 8, 2023 No comments 1 minute read Brazilian edtech Letrus raised $7.4M in a round led by Crescera Capital with the participation of Owl Ventures, Altitude Ventures, Fundação Lemann, and VélezReyez+. Letrus will use the funds to invest in marketing and product, with hopes to grow the platform to 1M students in the next two years.  Founded in 2015, Letrus

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chilean-startup-obralink-secures-$500k-from-polpaico-solutions

Chilean startup ObraLink secures $500K from Polpaico Solutions

byLiliana Sánchez December 7, 2023 No comments 1 minute read Chilean construction startup Obralink secured $500k from Polpaico Solutions. The funding will allow both companies to launch a new service for construction companies. “Our vision is to become regional leaders in innovative and sustainable solutions for the construction industry. To achieve this, we decided to partner with

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colab-secures-new-investment-to-enhance-solutions-for-public-services

Colab secures new investment to enhance solutions for public services

byMaría Camila David December 12, 2023 No comments 1 minute read The Brazilian startup Colab secured an undisclosed investment from the GovTech Fund, managed by KPTL and Cedro Capital.  Colab helps connect citizens and government, allowing users to report local issues like potholes or broken street lamps, propose urban enhancements, and rate public services.  With the funds, Colab plans to

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