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…
Cornershop
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Uber Technologies acquired 100% of Cornershop to make the Chilean startup part of its e-commerce long term bet at a reported ~USD3b+ valuation. The deal comes two years after a …
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ALLVP and Mountain Nazca led a USD20m seed round for Wonder Brands, a Mexico-City based e-commerce holding company looking to acquire and optimize independent brands currently selling in platforms such…
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Uber To Acquire Cornershop
October 11, 2019Uber will acquire a majority stake in Cornershop, a Mexican on-demand delivery platform, in its first disclosed startup investment in Latin America, subject to regulatory approal. Mexican regulator Cofece nixed…
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ALLVP Exits Delivery Startup Cornershop in US$225m Sale to Walmart
September 14, 2018ALLVP exited delivery startup Cornershop through a US$225m sale to Walmart.
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Mexico is fast emerging as the new battleground for the global transport wars, from rideshare and delivery to e-scooters and mopeds: In the past year, Chinese heavyweights Didi Chuxing (rideshare),…
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State of the Industry: 2017 VC Deal Activity & Highlights
October 31, 2017The entrance of major global investors into a string of recent early and expansion stage rounds in Latin America is contributing to record investment dollars in Latin American startups.
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Accel Partners Leads US$21m Investment in Cornershop to Expand Business in Mexico (en español)
May 4, 2017Accel Partners led a US$21m investment Series B in Cornershop, a Mexican-Chilean grocery delivery startup, to expand services in nine new cities in Mexico. Other participants in the investment include…
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ALLVP Invests in Fastest Growing On-Demand Grocery Platform in Latin America: Cornershop
July 31, 2015(Press Release) Today, ALLVP announced their investment in the grocery-revolutionizing platform Cornershop, further placing their bet on mobile commerce in Latin America. Cornershop offers a state-of the-art shopping experience where…