Tech & Funding

The idea is to dedicate about 50% of its capital investments to those companies in the next 12 to 18 months, up from 10% in recent years

Fintech Marco Gets $200 Million to Support Latin American Exporters

Saverin’s B Capital Opens Office in Miami, Eyes Investments In LatAm Tech Startups

Soonicorns: Some of Latin America’s Startups On the Cusp of Hitting a $1B Valuation

Rounds of the Week: Brazilian Automation Platforms Dattos and 4intelligence Raise Funds

Rent-to-Buy Firm Planet42 Gets $100M to Grow in South Africa, Open Shop in Mexico

Latin American Tech Talent In Short Supply as Digitization Drives Demand

More News

One-Third of Latin American Startups Reportedly Mulling Mass Layoffs

Startups’ Mortality Rate Seen Rising as Venture Capital Flows Tighten

Rounds of the Week: Arthur Mining, Vai and Ruedata Raise Funds

SoftBank Loses $5.9 Billion In Q4 2022 as Son Skips Earnings Call

How Startups and Scaleups Can Stand Out In the Competition for Less Capital

How to Build a Startup: 7 Questions All Founders Should Ask

Rounds of the Week: Diferente, Viva Translate, Paketá and Symbiomics Raise Capital

Colombia’s Rappi Refutes Rumors of Sale to DoorDash, Focuses on Profitability

Rounds of the Week: Juvo, Yave and Transfeera Secure Funds

Brazil’s Lemann, Fellow Billionaires Worth $123 Billion Buy Stake In Kushner’s Thrive

Colombian Startup KLYM Raises $27M, Targets Latin America Expansion

Spanish Edtech Unicorn Domestika Downsizes Latin America Operations

English

Why We May Not See More Latin American Tech Companies Go Public this Year

Colombia’s Merqueo has begun proceedings before the SEC to launch an IPO, as the latest tech company from the region venturing into the NYSE, but going public may not always be the right path for a startup

Tech & Funding

Nubank Secures $150M Credit Line With Second Loan Since April

The loan from the IFC, the financial arm of the World Bank, the second credit line for the fintech since April, will be used for expansion in Latin America

Startups

Rounds of the Week: Genial Care, BioElements and OrderEAT Raise Funds

The first venture capitalist rounds in 2023 for Latin America targeted healthtech, cleantech and foodtech

Startups

Proptech Unicorn Habi Raises $6.3 Million to Improve Operations, Portfolio

The Colombian startup wants to embrace global standards for public companies. This year it will allocate more than $250 million to purchase residential properties

Startups

Rounds of the Week: Bricksave, Hero Guest Kick Off 2023 Funding In LatAm

In a slightly smaller round than it expected to receive for its Series A, Argentine proptech Bricksave has received investment from Graphene Ventures

Linea Latina

Bank of America Gives $100M to Mendoza Ventures to Back Minority-Owned Startups in US

Following the murder of George Floyd in 2020 and a rise in hate crimes against Asian-Americans, Bank of America pledged $1.25 billion toward advancing racial equality and economic opportunity

English

Brazilian Startup The Coffee Hits $45M Valuation, Aims to Seduce Starbucks Customers

The Brazilian startup that provides technology for cashier-free payment at coffee shops has raised $7.5 million in a round led by Monashees and CapSur Capital

English

What Merqueo’s IPO Bid Tells Us About the Future of Delivery Apps

Rapid delivery is one of the most in-demand services in the new economy, but the segment still faces the challenge of being profitable and stopping cash burn

Startups

Rounds of the Week: Aviva, Klubi and Jusfy Raise Funding

Despite being a year of falling venture capital investment, Latin American early-stage startups raised rounds this week

News in English

Venture Capital In 2023: What LatAm Startups Can Expect, According to Investors

The fundraising market is cooling and has yet to hit bottom, but a recovery could come in the second half of next year, investors say

News in English

Latin American Startups Take On Record Debt In 2022 Amid Dearth of VC Funding

$1.3 billion in debt was disbursed in Latin America in 2022, breaking the previous record of $823 million in 2021

News in English

LatAm-Focused Valor Capital Transfers Shares to StepStone, Invests In New Fund

Valor has over $2 billion in assets under management and is closing two new funds: Valor Venture Fund 4 and Valor Opportunity Fund 2

News in English

Mexico’s Aviva Raises $2.2M In Pre-Seed Round, One of Year’s Largest In LatAm

The fintech launched by former executives at Citi, Scotiabank and Konfío say Wollef, Newtopia, Seedstars, 500 Startups and Xtraordinary VP participated in the financing round

News in English

Seed Capital Availability in LatAm Could Make 2023 a Good Year to Start a Business

Bloomberg Línea looks at which sectors are the most attractive in which to launch a startup in Latin America next year

News in English

Venture Capital for Latin American Unicorns Dries Up

The slowdown in venture capital investment follows the global trend and is on track to see the sharpest decline in two decades

Startups

Rounds of the Week: Healthcare and AI Capture Funds Despite Decline In VC Outlay

Startups Welbe, Kuona, Cowmed, Inklo and Nomo garnered investments in Latin America this week

News in English

Venture Capital Investment in Latin America Continues to Decline

Transactional Track Record’s latest report points to a 5% drop in the number of transactions to November in comparison with last year

News in English

NotCo Targets B2B Deals After Raising $70M In Series D Extension

Jeff Bezos-backed Chilean startup NotCo raised a Series D extension that will help put the company in a comfortable cash position until its IPO in 2026

News in English

Rounds of the Week: Agritech Dominates Investment in Latin American Startups

Argentine company Kilimo, Chile’s WiseConn and Brazilian startup Seedz, all of which are dedicated to improving irrigation systems and raising agricultural yields, raised funds this week

News in English

When the Going Gets Tough, We See Who’s a Real Investor, Endeavor Co-Founder Says

In an interview with Bloomberg Línea, Endeavor’s co-founder Linda Rottenberg says that now the trend of ‘everybody being an investor’ is over

News in English

Investment in LatAm Seed-Stage Startups Will Flow Despite Recession, Magical CEO Says

Juan Orlandi, CEO of accelerator Magical says early-stage startups remain strong, whether or not a recession rolls in next year

News in English

Rounds of the Week: Piwi, Scaleup, Typcal, BioEsol and Smart Break Raise Funds

Bloomberg Línea rounds up the Latin American startups that received funding this week

News in English

Why Microsoft Is Making a Strategic Bet on Supply Chains

Charles Lamanna, corporate VP of applications and business platforms at Microsoft, talked to Bloomberg Línea about the tech giant’s new product

News in English

Brazilian Unicorn Loft Denies Receiving Down Round

The Brazilian proptech is said to have received a fresh injection of funding from Andreessen Horowitz, and which allegedly reduced its valuation by 65% to $1 billion

Startups

Rounds of the Week: Talently, Flourish and Klavi Raise Funds

While late-stage enterprises are struggling with valuations and a shortage of capital, early-stage startups continue to capture investment

News in English

Ripio Lands in the US, Aims to Lure Latinos

The Argentine crypto exchange admits that the 'crypto winter' will last a while, but believes it has the tools to continue growing despite the headwinds

News in English

Exclusive: Argentina’s Lemon Cash Received Investment From Failed Crypto Exchange FTX

The crypto exchange that filed for bankruptcy in the US participated in an extension of the Argentine company’s Series A round, and Lemon Cash in turn invested in FTX, the fintech’s CEO Marcelo Cavazzoli has confirmed to Bloomberg Línea

Startups

Rounds of the Week: Early-Stage Rounds Keep Pushing LatAm’s Startup Segment

Tul, Fácil Consulta, Trii, Trully were some of the Latin American startups that received funding this week

News in English

Two Years Since Launching, Pix is the Most-Used Payment Method in Brazil

In February of this year, Pix overtook credit card payments and became the main type of payment in the South American country

News in English

Fintechs in Dominican Republic Set for Strong Growth, Seek to Create Regional Hub

Fintechs are behind the big strides in digitalization services being taken by the country’s banking sector

Startups

Rounds of the Week: N1co, Liti, Perfekto and Leapr Secure Funding

Fintech, healthtech, foodtech and metaverse are the industries that raised seed-stage capital in Latin America this week

News in English

LatAm Software, Payments Startups a Good Investment Option, dLocal’s Sergio Fogel Says

The co-founder of Uruguayan fintech unicorn dLocal sees opportunities to invest in Latin American startups providing business software and payments services even as capital becomes scarcer and more demanding

Startups

Rounds of the Week: Beep, Zerezes and Aerialoop Capture Capital

This year looks set to be a record year for seed-stage investment in Latin America, as the amount invested outpaces that of 2021

News in English

How a Quarter Bereft of Unicorns Bodes Badly for Latin American Startups

There are 47 “soonicorns” in the region that are awaiting more funding rounds to reach unicorn status

News in English

Brazil’s Origami Nails $30M Valuation With Bloomberg Beta-Led Seed Round

Rio de Janeiro-based co-founder Matt Voska says Origami wants to be the Y Combinator of decentralized autonomous organizations

News in English

Rounds of the Week: Franq, Faster, Vixtra and Nopalera Raise Funds

After a record 2021, venture capital investment in Latin America is “returning to pre-pandemic levels,” according to LAVCA

Startups

Brazilian Beef Giant Minerva’s VC Arm Extends Startup Liv Up’s Series D

On reopening the latest round for Minerva’s minority check, the total raised by the frozen food startup was about $48 million

Startups

Rounds of the Week: Kukun, Lara AI and Traive Among LatAm Startups to Raise Funds

Brazil and Mexico continue to attract more capital in the region, according to the latest report from Transactional Track Record

Startups

Artificial Intelligence Enters the Mainstream as More AI Startups Become Unicorns

Coatue invested in two newly minted AI unicorns this week: Stability AI, which makes digital art, and Jasper, which provides content through robots

Startups

India-based Startup Byju’s Raises $250M Following Losses, Layoffs

New capital injection aims to help India’s most valuable startup become profitable by March 2023 following financial losses and layoffs

Startups

Latin American Startups Face Risk of Unsustainable Valuations As Funds Get Tight

Analysts consulted by Bloomberg Línea foresee a drop in the rate of investment in startups in the region, but which is expected to bounce back when the capital markets recover