Cortex, a Brazilian SaaS marketing and sales growth platform, raised a US$22m Series B led by SoftBank’s Latin America Fund, with participation from Redpoint eventures and Endeavor Catalyst. (Press Release)…
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The following resource was shared with LAVCA by SoftBank based on a communication they sent to their investors, partners, and founders. The statement discusses the “Alibaba effect” in Latin America,…
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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…
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Mariano Amartino of Microsoft for Startups shared with La Nación his experience fostering the startup ecosystem in Latin America and his current view on the impact of the COVID-19 pandemic…
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SoftBank has invested US$48m from its Latin America fund in Brazil-based online pet product retailer Petlove to accelerate the company’s growth to meet higher demand for online services during the…
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KaszeK Ventures led a US$8.7m Series A in Ayenda Rooms, a Colombian hotel brand that received seed investment from SoftBank in 2019. (Skift) The Indian company Oyo popularized the concept…
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SoftBank led a US$125m Series B in AlphaCredit, a Mexican lender to individuals and SMBs in Mexico and Colombia. This is the company’s first disclosed financing. AlphaCredit has disbursed over…
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SoftBank led a US$100m investment in Mexican lending platform Konfio, with follow-on from KaszeK Ventures, QED Investors and Vostok Emerging Finance. Konfio raised a US$250m debt round from Goldman Sachs…
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Tencent and SoftBank led a US$150m investment in Ualá, an Argentine mobile banking app. Tencent made an undisclosed investment earlier in 2019. Goldman Sachs led a US$34m investment in Ualá…
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SoftBank led a US$140m investment in VTEX, a Brazilian ecommerce SaaS platform, with participation from Gávea Investments and Constellation Asset Management. Riverwood Capital and Naspers invested previously. (TechCrunch) E-commerce now…