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PORTFOLIO NEWS

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Jefa Raises US$2M and Partners with Visa to Prepare Financial Products for Women

1 week ago

The gender gap goes beyond salaries or executive jobs; it also reaches financial products. Only about 49% of women have a bank account in Latin America, according to the Development Bank of Latin America. Faced with this problem, Jefa was born: a Mexican fintech that wants to help bank women, and who recently raised an […]

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Chilean proptech Houm raises a $35M Series A to reach new markets

2 weeks ago

This Series A will seek to leverage the opening of Houm in 15 cities in Chile, Colombia and Mexico in the next nine months.

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Delivery Hero acquires Salvadorean super app Hugo

1 month ago

After positioning itself in delivery, transportation, and fintech services in El Salvador, Guatemala, Honduras, Nicaragua, Costa Rica, Dominican Republic, and Jamaica, it was announced that the German company Delivery Hero acquired Hugo’s operations for $150 million. The acquisition is a strategic move by both companies to boost their growth in Central America.  “With the acquisition […]

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eHealth Care: Chilean AI might dramatically improve Covid contact tracing tech

1 year ago

Contxto– Sabrina Sepúlveda, a Chilean scientist, has created a mobile kit for detecting Covid-19 by means of artificial intelligence (AI) technology. The kit uses an algorithm that, in combination with the patient’s symptoms, helps identify if there is a risk of infection prior to a PCR testing, the standard procedure.   As of October 2020, two […]

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MAT: The newest competitor in the Colombian ride-hailing app saga

1 year ago

Contxto – Amidst a troubling year for ride-hailing apps in Colombia, MAT makes its appearance with an innovative, employee-owned business model. Back in January, Uber was banned in Colombia after being accused of unfair competition practices by the Colombian Superintendency for Industry and Commerce. Like a phoenix rising from the ashes, the ride-hailing app returned […]

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Pachama closes US$5M to build carbon neutral companies with AI

1 year ago

Contxto – Argentine sustainability startup Pachama is reeling in US$5 million to help more companies reduce their carbon footprint with its AI platform. It had already closed US$4.1 million in January of this year. Pachama seed extension amid pandemic Startups in telemedicine and e-commerce have been greatly boosted by the Covid-19 outbreak. They’ve even closed […]

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VTEX raises US$225M to become unicorn and speed up global scaling

1 year ago

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 […]

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The Complete List of Latin American Unicorns [Updated 2020]

1 year ago

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, […]

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Rede Vistorias closes US$1 million to scale survey platform for real estate industry

1 year ago

Contxto – Investing in real estate can be a high-stakes game. Consequently, it’s important that decision makers have every bit of data to ensure that that expensive apartment complex they’re buying is in the right neighborhood. But someone has to pick up on all those little details for them, and a startup doing just that […]

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Platzi reveals 15 Latin American finalist startups headed for PlatziConf

1 year ago

Contxto – After an intense two-month selection process, Platzi, alongside a team of industry experts ,have selected 15 Latin American startups who emerged from the Platzi Demo Day back in June. These 15 startups will now go on to a week’s worth of acceleration. On September 22, the selected startups will present their business models […]

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