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PORTFOLIO NEWS

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The Complete List of Latin American Unicorns [Updated 2020]

4 weeks 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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Rappi raises over US$300 million

4 weeks ago

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 […]

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Rever shows how a startup optimizing startup should pivot after Covid

1 month ago

Contxto – How do the pivoters pivot? That’s what we asked Errette Dunn, co-Founder and CEO of Rever, after he revealed to us that this Mexican startup had raised US$3 million this past June. New times call for new terminology, so the folks at Rever are calling this their “Seed II” round. That is the […]

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A bit of light shined on rumored US$300 million Nubank round

1 month ago

Contxto – Dang nabbit Nubank. It’s hard to keep up with you lately.  Almost a week ago the Brazilian fintech published its financial results for the first half of 2020. Now news is leaking that it recently raised a large investment round—US$300 million to be exact. Am I shocked? Not at all.  This is something […]

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Latam’s startup ecosystem. How we got here and what’s to come, according to Polymath Ventures

9 months ago

Contxto – Last year, 11 startups from Latin America hit the US$1 billion valuation mark. And steadily, international venture capital (VC) firms are turning to this region. Examples include Tencent, Andreessen Horowitz, Sequoia, and of course, Softbank.  Many Latam startups are scaling up at a local level and even at an international scale, reaching Silicon […]

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Rappi 101: A quick review of how the last-minute delivery app got to where it is

10 months ago

Contxto – Pay no heed to what seems to be Rappi’s trudge through the murky waters of controversy. On a grander scale, this last-mile delivery company’s growth strategy is going full-throttle. When it comes to rapid regional expansion and collaboration, this scaleup is queen. Not only does it continue to integrate itself with various other […]

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Latin America’s startup ecosystem is taking off, but it is not for the faint of heart

11 months ago

Guest author: Nima Pourshasb, CEO and co-founder of minu Contxto – It certainly does feel that, finally, the Latin America moment has arrived. Just this year, Latin American startups have raised US$1.6 billion, Brazilian Nubank became the most valuable digital bank in the world, and top global funds such as Softbank, QED, Sequoia and Andreessen […]

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Nubank secures 15 million customers in native Brazil

1 year ago

Contxto – Surfacing today within the startup ecosystem are the latest Nubank figures. According to founder and CEO David Vélez, the Brazilian scaleup has recently reached 15 million clients in its native market. Nubank’s rapid growth After Vélez made this announcement last Friday at the Brazil Investment Forum in São Paulo, the company valued at […]

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SoftBank appraises investments in Mexican startups, Konfío and Kavak

1 year ago

Contxto – Back to the street rumors, people! If you think SoftBank has been too quiet lately, think again.  According to Reuters, several people familiar with the group recently learned that the Japanese conglomerate is holding advanced investment talks with two Mexican startups: Konfio, the fintech company, and Kavak, a second-hand car marketplace are the […]

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Nubank raises US$400 million despite SoftBank deal falling through, possibly a decacorn now

1 year ago

Contxto – A few weeks ago, we covered Nubank’s potential SoftBank funding. It now seems as though the deal has fallen by the wayside seeing that the company has raised US$400 million in a new Series F round led by TCV. As a result, Nubank is reportedly valued at US$10 billion, making it Latin America’s […]

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