Pig.gi, a Mexico City-based startup that provides an Android lock screen app that lets users earn free mobile airtime, raised $2.3m in seed funding.
Adext, a Mexican born, Palo Alto, CA-based artificial intelligence and machine learning startup, raised $3M in seed funding at a $20M USD valuation in December 2016.
Leap Global Partners, a Palo Alto, CA-based cross-border venture capital firm, announced it held its first close to its $15m debut fund.
Apli Inc., a Mexico City-based on-demand talent-as-a-service platform, raised $1.5M in funding.
ComparaGuru.com, a Mexican financial management platform for insurance and banking products, raised US$7m in Series A funding.
Grupo Axo, a Mexico City-based multi-brand company for apparel, footwear, beauty, accessories and home furniture, received a strategic investment from General Atlantic.
Cornershop, an online grocery delivery platform focused on Latin America, raised $21m in funding.
Global seed stage venture capital firm 500 Startups is launching its second Latin American Regional fund.
Cemex, S.A.B. de C.V. (NYSE: CX), a Mexican global leader in the building materials industry, has launched Cemex Ventures, its open innovation and venture capital unit.
Global investment firm KKR closed KKR Americas XII Fund, at $13.9 billion, focused on opportunistic investments in private equity-related transactions primarily in the United States, Canada and Mexico.
Accion Venture Lab, Accion‘s financial inclusion seed-stage investment initiative, sold its stake in Clip, a Palo Alto and Mexico City-based company that provides digital payment solutions to financially underserved micro, small, and medium enterprises (MSMEs) in Mexico.
Linio, a LatAm-based e-commerce platform, raised $55m in funding.
kubo.financiero, a Mexican peer-to-peer lending platform, raised $7.5m in Series A funding.
According to two regulatory forms filed with the SEC, Silicon Valley early stage venture capital firm 500 Startups is extending its global investment activity.
Konfio, a Mexico City, Mexico-based online lending platform, raised $8m in funding.