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Venture Capital

Ayenda raises US$1.2 million to modernize hotels, SoftBank joins round

Contxto – Colombia’s premier digital hotel chain, Ayenda, recently raised US$1.2 million in a seed round led by SoftBank beside...

March 13, 2019

MercadoLibre raises US$750 million from Paypal, plans to grow in Mexico

Contxto – The Argentine e-commerce giant, MercadoLibre, recently launched a press release announcing the offering of US$1 billion of common...

March 13, 2019

Applications for fourth annual MassChallenge Mexico now open

Contxto – Calling all high-impact Mexican startups – MassChallenge Mexico is calling your name. Don’t miss your opportunity to compete...

March 8, 2019

Femsa acquires 30 percent of payment startup, Shopnet

Contxto – Last Monday, Femsa announced that it’ll be purchasing a 30 percent stake of Shopnet for an undisclosed amount....

March 6, 2019

Mexican neo-bank, Fondeadora, nabs US$1.5 million from IGNIA Partners

Contxto – Imagine a world where all of your banking needs can be fulfilled from the palm of your hands....

March 5, 2019

Destácame, the Chilean credit solutions platform, closes US$3 million Series A

Contxto – This past week, an alternative credit lender from Santiago, Chile raised over US$3 million during an epic Series...

March 5, 2019

Brazilian audio startup Ubook prepares for IPO in Toronto

Contxto – Brazilian audiobooks company, Ubook, is preparing an IPO in the Toronto Stock Exchange. They hope to raise between US$8...

March 2, 2019

Jeff Bezos and other funds to invest US$30 million in Chilean mayonnaise startup

Contxto – The Not Company is making headlines again. What’s different this time? Well, last time we covered them, Jeff...

March 1, 2019

Meet Jalisco’s pioneer venture capitalist – Redwood Ventures’ Ian Paul Otero

Contxto – A few weeks ago, I spoke with my former colleague at Redwood Ventures, Ian Paul Otero. We spoke...

February 27, 2019

Kviv Ventures invests R$5 million in Nutrebem to help combat childhood obesity

Contxto – Nutrebem, the school cafeteria payment system from Brazil, landed R$5 million (around US$1.33 million) from Kviv Ventures to...

February 23, 2019