DCM, an early stage venture capital firm investing globally, promoted Kyle Lui in the U.S. and Ray Zhao in China, to Partner.
Jooycar, a Santiago, Chile-based Chilean auto insurance and telematics company, raised $3m in funding.
Walmart, Inc. (NYSE: WMT) acquired Cornershop, Inc., an online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile, for $225m.
Ceptinel, a Chilean fintech company that specializes in regulatory technology, received a $1m investment from HCS Capital Partners.
Magma Partners, an early stage venture capital firm with offices in the U.S. and Latin America, has held the first close of its second $15M fund.
Conversica, a Foster City, CA-based provider of conversational AI solutions for business, acquired Intelligens.ai, a Santiago, Chile-based provider of conversational AI for sales and marketing focused on the Latin American market.
ComparaOnline, a Santiago, Chile-based marketplace for insurance and financial products in Latin America, raised USD$14m in Series C funding.
Vinci, a Beijing, China-based provider of AI powered smart headphones, received a multi-million USD Series A round of funding.
Destacame, a Santiago, Chile-based alternative credit scoring startup, closed a seed round of financing of undisclosed amount.
Lalamove, a Hong Kong-based on-demand delivery company, completed a US$30M Series B financing round.
As we anticipated some days ago (read here), venture capital firm Redpoint Ventures has confirmed that it has closed a $180m Redpoint China I fund.
Properati, a Buenos Aires, Argentina-based online and mobile solution for the real estate market, received $2m in funding.
Cornershop, a Mexican-Chilean provider of a fast grocery delivery service, raised $6.7m in Series A funding.
San Diego-based Origo Ventures, through its Chilean subsidiary Fen Ventures, received a $1m grant from the Chilean government’s investment entity CORFO. The firm early stage investor will use the capital for its investment activities in Chile’s startup companies for the next five years. Led by Derek Footer, Managing Partner, Origo Ventures invests in Latin American […]
ComparaOnline.com, a Latin American online insurance and financial services marketplace, raised $11m in Series B financing. The round was led by Ribbit Capital, with participation from Endeavor Catalyst, Rise Capital and existing investor Kaszek Ventures. The company intends to use the capital to strengthen its presence in Brazil and Colombia through hiring new people and […]