Posted inDeals

Argentine Unicorn Vercel Raises $250 Million in Series E Funding Round

Vercel, an Argentine software startup that provides a platform for creating cloud-based web applications, announced it has raised $250 million in a Series E funding round. This latest round brings Vercel’s valuation to $3.25 billion. The round was led by Accel, with participation from existing investors CRV, GV, Notable Capital, Bedrock, Geodesic Capital, Tiger Global, […]

Posted inUruguay

Uruguayan Fintech Inswitch Sold to U.S. Tech Giant TransNetwork

Uruguayan fintech Inswitch has been acquired by U.S.-based TransNetwork, a B2B payment infrastructure platform for instant money transfers in Latin America. The deal, finalized on February 29, involved a multi-million dollar transaction, according to Inswitch CEO Ronald Alvarenga, who described it as one of the market’s most significant. Alvarenga confirmed that Inswitch will retain its […]

Posted inNews

Chile Launches $10M Startups Campus for Scientific Ventures

President Gabriel Boric has announced the creation of Startups Campus, a new public-private initiative poised to unite key players of the entrepreneurial ecosystem in one collaborative space. Set to operate from the strategic location of Santa Rosa with Alameda, this hub is designed to spur the creation of scientific and technological companies, aiming to significantly […]