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Twice a year we invest a small amount of money ($150k) in a large number of startups.
The startups move to Silicon Valley for 3 months, during which we work intensively with them to get the company into the best possible shape and refine their pitch to investors. Each cycle culminates in Demo Day, when the startups present their companies to a carefully selected, invite-only audience.
But YC doesn’t end on Demo Day. We and the YC alumni network continue to help founders for the life of their company, and beyond.
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Rappi raises over US$300 million
Contxto – It’s official: Rappi is raising big funds. We’d previously reported that the Colombian unicorn had rallied US$155.8 million as per a recent SEC filing. But the startup, via press release confirmed today (24) that it raised more than US$300 million. It’s worth pointing out that within the aforementioned SEC document, the startup is […]
LinkedIn’s 2020 top 10 startups to work for in Mexico
Contxto – Tech companies in Latin America compete not only to obtain a larger market share and investments. Attracting and retaining the best talent is also a key ingredient to success. And this week, LinkedIn published its ranking of top startups that people want to work at in Mexico. LinkedIn crunches through a lot of […]
Venezuela and its network of value-creating entrepreneur-migrants
Today’s Soapbox opinion was written by Eduardo Morrison, a corporate lawyer with banking experience, specialized in crypto and blockchain. Contxto – Due to its profound political and social crisis, Venezuela has seen an unprecedented migratory phenomenon in recent years. This massive outflow of people has resulted in the birth of a wave of entrepreneurs filled […]
SoftBank and Oyo launch joint venture in Latin America
Contxto – SoftBank is raising its stake in the tourism and hospitality industry of Latin America. Last Friday (4), news broke that the Japanese investor and Oyo Rooms launched a joint company: Oyo Latam. This new venture will oversee Oyo’s ops in over 1,000 hotels, mainly from Brazil and Mexico. Moreover, both partners shall be […]
Last-mile revolution: The restaurants taking on the delivery establishment
Welcome to our new The Exclusive deep dive content about our Latin American ecosystem. We’re giving our registered newsletter users a sneak-peek of these soon-to-be paid for articles. powered by Typeform Contxto – Covid-19 made restaurants real sick—of established last-mile delivery options. Now, in a bid to cut out the middle-app, restaurants and tech are […]
Orchata: Why did this Mexican startup wait to announce it was in YC?
Contxto – Y Combinator is always full of excitement. However, we were all delightfully surprised on Demo Day after being privately contacted by a Mexican startup, Orchata. Turns out, they too had been selected for this year’s Summer Batch. Thus, the final YC tally stood at: The obvious question is, why did this Mexican startup […]
Proptech Habi snags US$10M to bring more iBuying and data to Colombia
Contxto – Buying or selling a home loses its dazzle when considering how time-consuming it can be. But Colombian proptech Habi is set on adding a fresh coat of paint to Latam’s lackluster real estate market. Last Wednesday (26), the startup announced its Series A for US$10 million. Inspired Capital led the round and was […]
Fondeadora closes US$14 million Series A to keep at the top of user ratings
Contxto – As someone who recently dealt with a traditional bank’s BS, it’s way too easy to understand why startups are proving to be an interesting alternative for handling financial or banking affairs. And investors know it as well. Today (27), news broke that Gradient Ventures led a Series A for US$14 million in Mexican […]
A regional car retail beast is born! Mexico’s Kavak and Argentina’s Checkars merge
Contxto – Today (26), we witnessed the birth of Latin America’s largest used car retailer. In an announcement forwarded early to Contxto, we can now confirm that Kavak and Checkars are to fuse. Checkars, now to become Mexican Kavak’s Argentine subsidiary, will receive a US$10 million investment to expand the operation, hire 300 new employees, […]
100,000 new programmers by 2025: What Argentina’s Henry is betting on
Contxto – Software developers were sought after even before killjoy Covid-19 rolled in. And in a post-pandemic era, knowing how to program will be needed more than ever. Unfortunately, jobs are high in demand but there aren’t enough professionals to answer the call. To resolve this issue, Henry recently raised funds and it recently participated […]