500 Startups

Contxto, With the idea of  introducing youth to digital banking and offering exposure to managing finances at a young age, Mozper launched a debit card and app designed especially for kids and parents in Latin America.  With a $3.55M closure in seed round, this fund raise was led by Hetz Ventures along with the other […]

Contxto – Afya, a group that focuses on health education, announced on October 13 the purchase of iClinic, a healthtech company, for R$182.7 million (US$32.9 million), which was bought with 61.5 percent cash and 38.5 percent in Afya shares. Helping the medical community With this new acquisition, the group will offer different services to doctors, […]

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 […]

Contxto – A new solar energy startup has joined the major leagues in Chile’s increasingly influential renewable energy sector. In the ranks of great companies like Inti Tech and Belinus, Sunai—a new solar power generating company—has just won big in Demo Day Platzi. Sunai is a platform that manages solar energy by collecting real time […]

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 […]

Contxto – It’s time to turn our eyes back to Brazil (again) because agtech Horus Aeronaves has raised an investment worth R$2 million (~US$358,500). This round was led by EqSeed which is interestingly enough an online crowdfunding platform. Horus Aeronaves is, as previously mentioned, an agtech that processes the images and data provided by their […]

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 […]

Contxto – FreteBras recently snagged funds to lighten the load freight puts on our environment. The Brazilian startup and its platform for connecting shippers, drivers, and truckers closed US$17 million through IDB Invest.  What’s pleasing/unusual to report is that rather than scaling, FreteBras has other plans with the funds.  [wd_hustle id=”InArticleOptin” type=”embedded”/] Priorities for FreteBras […]

Contxto – The second unicorn to emerge amidst the pandemic is here. Today (28), VTEX announced it raised an investment for US$225 million. Consequently, it’s valued at a reported US$1.7 billion and has entered the unicorn club. Round participants include Tiger Global, Lone Pine Capital, Constellation, SoftBank, and Endeavor Catalyst. The Brazilian ecommerce platform had […]

Contxto – With Latin America growing as an important axis for the entrepreneurship ecosystem, hardly a day goes by without a breaking news story about a regional startup funding round. And even more frequently, new unicorns in Latam. At Contxto, we’re always trying to showcase what’s going well in Latin America. With the same purpose, […]