Tech & Funding
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/OXVAGQOJD5AJJEO4PG2QDR6F7Q.png "Colombia’s Rappi Refutes Rumors of Sale to DoorDash, Focuses on Profitability")
Colombia’s Rappi Refutes Rumors of Sale to DoorDash, Focuses on Profitability
The Colombian unicorn’s managing director tells Bloomberg Línea about the company’s plans and the backlash it has faced from some restaurants in the country
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/YNFTLXKPXVGATPLUNOSDWGWRVM.jpg "Rounds of the Week: Juvo, Yave and Transfeera Secure Funds")
Rounds of the Week: Juvo, Yave and Transfeera Secure Funds
2022 was a record year for early-stage startups in Latin America, and in the first month of 2023 the ‘early’ investment trend looks set to continue
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/4YO4EDILWVFCXFOHWNBW4GWJPA.jpg "Brazil’s Lemann, Fellow Billionaires Worth $123 Billion Buy Stake In Kushner’s Thrive")
Brazil’s Lemann, Fellow Billionaires Worth $123 Billion Buy Stake In Kushner’s Thrive
The investment in Jared Kushner’s brother VC firm represents a collection of some of the richest people from across the globe
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/UJVU6IUY5FCRNMFRB23T5DVBIE.jpg "Colombian Startup KLYM Raises $27M, Targets Latin America Expansion")
Colombian Startup KLYM Raises $27M, Targets Latin America Expansion
According to KPMG, global venture capital investment dropped for the fourth consecutive quarter between October and December of last year
:quality(70):focal(3235x1865:3245x1875)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/B4XF5F7MTBEVNLCPRJUEXYJ7TA.jpg "Spanish Edtech Unicorn Domestika Downsizes Latin America Operations")
Spanish Edtech Unicorn Domestika Downsizes Latin America Operations
The cuts have affected local production offices in Brazil, Peru, Chile and Argentina, Bloomberg Línea has found
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/7O3BYFY6YVH77H6VPJAQESRFRI.jpg "Mexican Internet Association Names New Leadership Amidst Reports of Bad Management")
Mexican Internet Association Names New Leadership Amidst Reports of Bad Management
Analí Díaz Infante takes on the role following controversy surrounding her predecessor’s exit, and which resulted in the resignation of most of the association’s advisory board members
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/D4LEFWAPEBEU7DHI2LK74VAE6A.jpg "Why We May Not See More Latin American Tech Companies Go Public this Year")
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
:quality(70):focal(2104x2104:2114x2114)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/C7VOKKE67FBBHNU7NLOQ2RGVVU.jpg "Nubank Secures $150M Credit Line With Second Loan Since April")
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
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/KPQBR22Q4ZC2FIQUFETDP5STJ4.jpg "Rounds of the Week: Genial Care, BioElements and OrderEAT Raise Funds")
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
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/WFWK4OMETVBZ5PLHKYOHX2WNTQ.jpeg "Proptech Unicorn Habi Raises $6.3 Million to Improve Operations, Portfolio")
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