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Can spacetech truly take off in Latin America?

7 months ago

Contxto – On October 9, 2020, the Mexican government took a break from its regularly scheduled Earth-bound matters to make an announcement that took many by surprise. Latin America was launching a unified regional Latin American and Caribbean Space Agency (ALCE, as it is known in Spanish). The landmark agreement was signed alongside Argentina, making […]

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Breast cancer prevention startups in Latin America (beta)

8 months ago

Contxto – Every year, over 462,000 women are diagnosed with breast cancer across the Americas. Of these, nearly 100,000 will die. These grim numbers seem to leave little room for hope, but luckily Latin America has a host of breast cancer startups looking to stop the disease in its tracks.  So, to mark Breast Cancer […]

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Used car platform Kavak hits US$1.15B valuation. First-ever unicorn from Mexico

8 months ago

Contxto – Used car platform Kavak the pre-owned car giant announced it reached unicorn status yesterday (30). In an interview, the startup said it reached a US$1.15 billion valuation following an investment round it closed in September.  The startup didn’t share how much the invested totaled for, only that Greenoaks Capital led it. In terms […]

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AI startup Fligoo closes US$7.1 million to launch into Brazil

8 months ago

Contxto – Argentine-founded, San Fran-based, Fligoo is headed to Brazil to scale operations. The AI and big data startup recently raised R$40 million (~US$7.1 million) for its Series A round. Family offices 4P Investments from Brazil and Suquet Capital Partners from the US led the round. Fligoo pinpoints insights with AI Some say data is […]

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Nubank is laying the groundwork to conquer (hearts) in Colombia

8 months ago

Contxto – Entrepreneurs David Vélez, Cristina Junqueira, and Edward Wible launched fintech Nubank in Brazil in 2013. But it’s only reasonable for Vélez to hope to eventually bring the company he helped create to his native Colombia. And evidence recently surfaced suggesting that it’s been quietly building towards that goal. According to local media site, […]

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Yummy closes seed round to go beyond food delivery in Venezuela

8 months ago

Contxto – Food delivery startups are always up to something in Latin America. Yet, Venezuela is the one country that’s often sidelined from these developments. Mainly due to its internal instability. But for former Postmates director, Vicente Zavarce, there is major potential in his home country. And so, with the goal of bringing a tried-and-tested […]

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Flapz to launch private flights marketplace in Chile and Mexico

8 months ago

Contxto – Private jet marketplace Flapz wants to spread its wings into new countries.  Five entrepreneurs launched the startup in Colombia in July of this year. It then began channeling flights through its platform in August. And within that time it’s seen enough to determine that it wants to scale and quickly. Correspondingly, Flapz wants […]

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FreshBooks acquires invoicing platform Facturama to grow in Mexico

8 months ago

Contxto – Toronto-based FreshBooks wants to consolidate its presence in one of Latin America’s biggest markets. Through its acquisition of Facturama, the accounting software company hopes to connect with small and medium-sized enterprises (SMEs) in Mexico. The deal was announced on Tuesday (23) and the Facturama team—including its co-founders—will now work under the FreshBooks name. […]

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Lending fintech Quasar Flash raises US$4.5M to accelerate credit analysis for Brazilian SMEs

8 months ago

Contxto – In an ideal world, accounts receivable departments always have a steady cash flow because customers pay for everything immediately. But most businesses know all too well that that’s rarely the case (if ever). In general, large companies are bulky enough to withstand these irregularities, while small and medium-sized enterprises (SMEs) can struggle. Startup […]

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LinkedIn’s 2020 top 10 startups to work for in Mexico

8 months ago

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 […]

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