(Reuters) HSBC agreed to provide USD675m in debt financing for Mexico-based used -car platform Kavak, with Goldman Sachs and Santander providing another USD135m in additional credit lines.

Mexican car resale marketplace Kavak raised a USD700m Series E led by General Catalyst, with participation from Tiger Global, SoftBank, Ribbit Capital, Spruce House, D1 Capital, SEA and Founders Fund…

D1 Capital Partners, Founders Fund, Ribbit Capital and BOND led a USD485m Series D in Mexican car resale marketplace Kavak, at a reported USD4b valuation. SoftBank, DST Global, and Greenoaks Capital…

SoftBank, DST Global, and Greenoaks led an undisclosed round in Kavak, a Mexican car resale marketplace, with participation from QED Investors and follow-on from KaszeK Ventures and General Atlantic, at…

Mountain Nazca exited Kavak, a Mexican marketplace for used cars, through a secondary sale to SoftBank and General Atlantic. KaszeK Ventures invested previously. (Press Release) Mountain Nazca se convierte en…

(Expansión) Latin American venture capital fund Mountain Nazca has led a US$3m investment in Mexico-based used car platform Kavak. Kavak, la plataforma de compra y venta de automóviles usados fundada…

LAVCA’s seventh annual Latin American Startup Directory profiles 523 startups that raised USD1m+ in venture funding in 2021 and 1H 2022, during a time of record venture investment in the region. 

Mexican digital freight forwarder Nowports raised a USD150m Series C at a USD1.1b reported valuation from existing investors monashees, SoftBank Latin America Fund, Tiger Global and Foundation Capital. Tiger led…

KASZEK and Avenir Growth led a USD111m Series B for Xepelin, a Chilean payments and lending platform for SMEs, with participation from PayPal Ventures, Endeavor Catalyst, DST Global, Wellington, Picus,…

Stark Bank, a Brazilian cash management platform and corporate card issuer, raised a USD45m round from Ribbit Capital, Lachy Groom and Bezos Expeditions. Stark Bank raised a USD14.8m Series A…

Andreessen Horowitz and NFX led a USD11.5m seed round for Latitud, a US and Brazil-based enterprise platform for Latin American startups’ company formation, cap table and cross-border capital management, with…

Tencent led a USD180m Series C for Jeeves, a US-based expense management platform for startups with operations in Latin America, at a reported USD2.1b valuation, with participation from Silicon Valley…

Founders Fund led a USD6m seed round for Vest, a retail platform enabling Latin American consumers to invest in public companies listed on the NASDAQ or NYSE, with participation from…

monashees and Andreessen Horowitz led a USD20m Series A for Inventa, a Brazilian marketplace connecting regional wholesalers with local retailers, with participation from Founders Fund, Tiger Global, Greylock, Greenoaks Capital…

DILA Capital and Kayyak Ventures led a USD15m Series A for Fairplay, a Mexican revenue-based financing platform for DTC e-commerce brands and marketplaces, with participation from Elevar Equity and Speedinvest. Fairplay…

SoftBank led a USD48m Series B for Laika, a Colombian e-commerce platform for pet goods and services, with participation from Delivery Hero, JAM Fund and FJ Labs, and angels Carlos…

KASZEK led a USD2.7m seed round for Crack the Code, a Peruvian coding platform for K-12 students. (Press Release) – Crack the Code, the coding platformstartup revolutionizing K-12 education in…

Tiger Global Global led a USD20.5m round for Nuvocargo, a Mexican freight transportation marketplace managing Mexico-US routes, at a reported USD180m valuation, with participation from The Flexport Fund, and follow-on…

ALLVP and Infinity Ventures led a USD15m Series A for Mendel, a Mexican corporate spend management platform. Angels participating in the round included Thejo Kote (Airbase), Matias Woloski (Auth0), Pedro Arnt…

ALLVP and Infinity Ventures led a USD35m equity and debt round for Mendel, a Mexican corporate spend management platform. (TechCrunch) – Mendel, a corporate spend management solution for enterprises in…

Justos, a Brazilian pre-launch car insurance platform, raised a ~USD35.8m Series A from SoftBank and GGV, with follow-on from KASZEK, BigBets and angels David Velez (Nubank) and Carlos Garcia (Kavak). KASZEK…

Andreessen Horowitz and Base Partners led a USD15m Series A for Foodology, a Colombian foodtech leveraging the dark kitchen model to launch restaurant brands, with follow-on from Kayyak Ventures and…

MELI Kaszek Pioneer Corp (MEKA), a SPAC formed by Mercado Libre and KASZEK, raised USD287m in an IPO. MEKA will target a Latin America tech company in e-commerce, financial services, logistics,…

Cargamos, a Mexican e-commerce and last-mile delivery platform, raised a USD11m seed round from Mountain Nazca, Kayyak Ventures, FEMSA Ventures, and angels Carlos Garcia (Kavak), Ricardo Weder (Jüsto) and Guilherme…

Jeeves, a US-based expense management platform for startups with operations in Mexico, Colombia, Brazil and Chile, raised a USD57m Series B led by CRV, with participation from Silicon Valley Bank,…

LAVCA’s sixth annual Latin American Startup Directory profiles 299 startups that raised USD1m+ in venture funding in 2020 and 1H 2021., during a time of record venture investment.

ALLVP and Vine Ventures led a USD6m round for Kocomo, a Mexican vacation home co-ownership platform, with participation from Picus Capital, QED Investors, FJ Labs, Clocktower Technology Ventures and JAWS,…

Greenoaks and Tencent led a USD120m Series E+ for Brazilian proptech QuintoAndar at a reported USD5.1b valuation.  Ribbit Capital led a USD300m Series E in May at a reported USD4b…

 General Atlantic and SoftBank led a ~USD125m round for unico, a Brazilian digital identity protection platform, with participation from Big Bets and Micky Malka (Ribbit Capital), at a reported USD1b+…

General Altantic and SoftBank led a ~USD125m round for unico, a Brazilian digital identity protection platform, with participation from Big Bets and Micky Malka (Ribbit Capital), at a reported USD1b+…