KaszeK Ventures and QED Investors led a US$62m Series B in Bitso, a Mexican crypto exchange, with follow-on from Coinbase Ventures and Pantera Capital. Ripple made an undisclosed investment in…
Variv Capital
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Propel Ventures, Variv Capital & FEMSA Comercio Make US$13m Follow-on in Conekta (en español)
28 March 2019Propel Ventures led a US$13m investment in Conekta, a Mexican fintech enabling cash payments for over 1,000 online merchants, with participation from Variv Capital and FEMSA Comercio. Jaguar Ventures invested…
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VARIV Capital led a US$1.8m investment in Yotepresto, a Guadalajara-based consumer lending marketplace, with participation from Redwood Ventures, Tonk Capital and unnamed angels. (Press Release) VARIV Capital led Yotepresto.com‘s latest $1.8M…
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DILA Capital Leads €2m Investment in Mexico’s BEWE (en español)
3 December 2018DILA Capital led a €2m investment in BEWE, a Mexican SaaS platform for beauty retailers, with participation from The Venture City, Toro Ventures and existing investors Variv Capital, Seaya Ventures and Mountain…
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Variv Capital, Y Combinator & Others Invest US$5m in Mexican Shipping Logistics Platform SkyDrop
16 October 2018SkyDrop, a Mexican shipping logistics platform for online retailers, raised US$5m from Variv Capital, Y Combinator, FJ Labs, Sierra Ventures, EasyPost, Soma Capital, Sinai Ventures, GMF and Dynamo, a previous investor. SkyDrop participated in Y Combinator’s Spring 2018 cohort.
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Exceed Capital Partners Leads Series B in Yogome
12 March 2018Exceed Capital Partners led a US$26.9m Series B investment in Yogome, a Mexican edtech startup making games for children, with participation from Insight Venture Partners and existing investors Variv Capital…
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Aliada.mx on Redefining Perceptions of Domestic Workers in Mexico and Taking on Financial Inclusion
23 August 2017Since launching in September 2014, Aliada now provides 50,000 services monthly, and expects to reach over 60,000 services by the end of 2017. In this interview with founders Ana Isabel Orvañanos and Rodolfo Corcuera, we explore how Aliada is trying to impact the lives of thousands of Mexicans while combating the social stigma associated with domestic labor.
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Promotora Social Mexico Leads Investment in Mexico’s Aliada
22 August 2017Promotora Social Mexico (PSM) led an undisclosed investment in Aliada, a Mexican domestic labor platform, with participation from VARIV Capital, Capital Invent, Dila Capital, and Gentera through its innovation arm…
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BanRegio to Invest in Fintech Funds (en español)
24 July 2017Monterrey, Mexico-based bank BanRegio is investing in four funds looking at fintech deals: VARIV Capital, Jaguar Ventures, 500 Startups, and Endeavor Catalyst. (El Economista) BanRegio invertirá en cuatro fondos de…
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Previous investors Rakuten, Seaya Ventures, and AngelList have invested US$100m in Cabify, a Madrid-based, VARIV Capital portfolio company and ride-hailing app with a presence in 30 cities in Latin America.…