Grupo MYT, one of the largest portfolios of fully owned restaurant brands in Mexico, received a strategic investment from the Latin America fund of L Catterton.
Albo, a Mexico City, Mexico-based financial technology company offering consumers a digital account with a prepaid Mastercard to receive, transfer, and spend their money, raised $7.4m in Series A funding.
Polymath Ventures, a Bogotá, Colombia- and Mexico City, Mexico-based based company builder focused on the middle class in emerging markets, is raising a $100m investment fund.
San Francisco, CA-based Brainstorm Ventures has launched its second fund and announced its first three investments of this fund.
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.
M12, Microsoft Corp.’s venture fund, in collaboration with the EQT Ventures fund and SVB Financial Group, launched the Female Founders Competition.
Prysmex, a Monterrey, Mexico-based IIoT startup focused on the construction sector, received an investment from Cemex Ventures.
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.
Pay By Group, a San Francisco and Guadalajara, Mexico-based group payments solution provider, received a follow-on investment from Czar Ventures and other investors*.
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.