Cornershop

A few days ago, Endeavor and PepsiCo presented a report called “The FoodTech Landscape in Latin America“. As the document shows, the non-profit entrepreneurship organization and the multinational food giant identified 323 foodtech companies in five key countries in the region: Argentina, Brazil, Chile, Colombia, and Mexico. A third of these companies were studied closely. […]

Latin America is seeing almost daily announcements about capital raises, new startups, and recently created companies whose services have won market share over large competitors. The region is now booming as a lab of good ideas, where unicorns like Rappi, Cornershop, Clip, Kavak, Bitso, NotCo, NuBank, and Loggi, to name a few, have emerged. There […]

Chilean HR company Buk announced that it has secured a $50 million investment in a Series A round led by Greenoaks. SoftBank also participated. A Chilean startup has never received initial backing of this size. The $50M investment raises Buk’s value to $417M, making it the third most valuable startup in Chile after Cornershop and […]

Examedi, a healthcare marketplace, announced a $2.7M seed round backed by 8VC, Quiet capital, and Goodwater Capital. Ian Lee, who serves as Examedi’s CEO and is one of its co-founders, explains that what they are building “is a health super app.” The company wants to offer any type of medical service that can be performed […]

The thriving Latin American tech ecosystem is going through its greatest momentum yet. A few examples: The first half of 2021 saw more than $6.2 billion in venture capital flowing into the region, according to LAVCA (Association for Private Capital Investment in Latin America). Companies like Cornershop, Notco, Kavak and Nubank are entering broader geographies. […]

Contxto– Emptor, an automated identity verification and background check provider, has announced its expansion into Costa Rica. The future is here! Well, actually, it may have been here for quite some years now.  Though now based in New York, Emptor was founded in 2016 and has Peruvian roots. It offers its services to several countries across […]

Contxto– In order to maintain leadership in the e-commerce business, Chilean retailer Falabella has signed contracts to work with logistics companies to optimize its delivery methods. During the Covid-19 pandemic, Falabella received backlash on social media due to a delivery service perceived as inefficient by its clients. Deliveries were extremely delayed while orders increased exponentially.  […]

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. Contxto—Politics, football, and Tesla’s current stock price all have one thing in common with SoftBank—Latin America’s largest foreign investor—; you should never mention them in conversation unless […]

Today’s Soapbox opinion was written by María José Contreras de Velasco, who is charged with promoting a culture of competition from COFECE. Contxto – The health crisis caused by Covid-19 has forced us to reinvent our habits. We now buy our groceries, exercise, take classes, and work, all without leaving home. As we adapt, companies […]

Today’s Soapbox opinion was written by Jia Li Tan, an Investment Professional at ALLVP. Contxto – On September 16, Mexicans around the world celebrate “Día de la Independencia”; the anniversary of the country’s independence from Spain.  It is the day when the whole of Mexico celebrates and takes a day off work. It was on […]