Startup News

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Mercado Pago launches digital wallet in Colombia

bySara Delgado October 4, 2024 No comments 1 minute read Mercado Pago, the financial services arm of Mercado Libre, launched a digital wallet in Colombia.  “By launching a digital wallet, we reaffirm our commitment to leading Colombia’s digital payment transformation, offering tools for fast, reliable, and secure financial management,” said Iván Moncada, Head of Digital […]

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Gibb raises $5.5M from SRM Ventures

byMatheus Tomé October 2, 2024 No comments 1 minute read Brazilian fintech Gibb raised $5.5M from SRM Ventures to expand operations, acquire new customers, and hire new talent. “Gibb addresses a crucial pain point for nearly 80% of Brazilian employees: running out of money between paychecks,” said Andre Szapiro, Head at SRM Ventures. Gibb is

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Biotech Xeptiva raises $2.5M to develop veterinary vaccines

byAdriana Villasana October 2, 2024 No comments 1 minute read Uruguayan biotech Xeptiva raised a $2.5M seed round led by Zentynel, a Chilean fund specialized in biotechnology. iThink VC, FEN Ventures, ND Latam, Uruguay Biotech Ventures, and Co-founder of DLocal, Sergio Fogel, also participated in the round.  Xeptiva will use the funds to continue to

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Scala Data Centers raises $550M from Coatue and IMCO 

bySara Delgado October 1, 2024 No comments 1 minute read Scala Data Centers, a Brazilian startup operating energy-efficient large-scale data centers, raised $550M from Coatue Tactical Solutions and Investment Management Corporation of Ontario (IMCO).  With the funds, Scala Data Centers will expand across Latin America and invest in technology to support the increasing adoption of

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Versi raises $9M in debt to expand offerings to real estate developers

byMatheus Tomé September 30, 2024 No comments 1 minute read Brazilian real estate fintech Versi raised $9M in debt through the issuance of CRI bonds, structured by Opea. Versi will use these funds to support real estate developers focused on building affordable homes under the Brazilian government’s Minha Casa Minha Vida program. “The affordable housing

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Movêu raises $550K in a round led by Investidores.vc

byMatheus Tomé September 27, 2024 No comments 1 minute read Brazilian custom-made furniture startup Movêu raised $550K in a round led by Investidores.vc. GV Angels, Poli Angels, Patrick Sigrist (Nomad and iFood), Pedro Conrade (Neon), Alan Chusid (Spin Pay), Otávio Maluf Júnior, and Silvio Kożuchowicz (SKR) also participated in the round. Movêu will use the

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Noodle raises a $900K seed round

bySara Delgado September 27, 2024 No comments 1 minute read Brazilian AI fintech startup Noodle raised a $900K seed round led by QED. With the funds, Noodle will boost user acquisition through marketing campaigns and content creation targeting the influencer market. Noodle is a financial platform designed for small and mid-sized creators who often rely

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Veikul acquires Dropin to expand in Mexico

byMilena Garbarino September 27, 2024 No comments 1 minute read Veikul, a Mexican startup focused on digital fleet management and logistics optimization, acquired Dropin, a platform that automates last-mile delivery. This deal strengthens Veikul’s technological capabilities and improves its logistics operations. This acquisition will allow Veikul to scale its technology and improve operational efficiency, and

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ROCK secures $54M to expand its Customer-Centric Solutions

byFelipe Osorno-Giraldo September 26, 2024 No comments 1 minute read Brazilian all-in-one customer engagement solution ROCK secured a $54M investment from the Hindiana Fund.  ROCK also acquired Bnex, a growth-focused retail technology company. Bnex joins Directo.Ai, Izio&Co, LL Loyalty, and Propz as part of ROCK’s portfolio, designed to improve customer relationships for mid-market retailers. “The

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meetrox-raises-a-$460k-seed-round

MeetRox raises a $460K seed round

byFelipe Osorno-Giraldo September 23, 2024 No comments 1 minute read Brazilian AI SaaS startup MeetRox raised a $460K seed round led by Stamina VC. Alta Escala, Raio Capital, EBANX’s Co-Founder João Del Valle, Olist’s Founder Tiago Dalvi; and Pipefy’s Founder Alessio Silva Alionço also participated in the round. MeetRox will use the funds to grow

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