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Tech in Latin America

Tech in Latin America

Tracking the Latin American technology sector and covering startups, venture capital, and unicorns.

LatAm VC Maya Capital raises $100 million for early-stage investments

LatAm VC Maya Capital raises $100 million for early-stage investments

The Brazil-based venture fund, Maya Capital, has raised $100 million in its second fund round, to invest in early-stage deals for startups in Latin America. * The new funding is targeted at 20-30 startups in the region, with 50% earmarked for follow-on funding. * The fund will be deployed as 50% in

Brazilian motorcycle rental startup Mottu secures $40 million in funding

Brazilian motorcycle rental startup Mottu secures $40 million in funding

Mottu, a motorcycle rental startup based in Brazil, has secured $40 million in debt and equity funding in its Series B round co-led by Base Partners Crankstart and Sequoia Capital. * The new fund will be invested in hiring more than 50 senior engineers and a Chief Technology Officer (CTO), adding

Mexican proptech Around raises $3.8 million for business expansion

Mexican proptech Around raises $3.8 million for business expansion

Around, a proptech startup based in Mexico has raised $3.8 million in its seed round funding led by LEAP Global Partners, to expand its business operations. * The fund will be used to launch financial products for landlords and workspace rentals, the firm claims. * Founded in 2020, Around offers fully

🧑‍💻 India's self-reliance on local production leads to significant growth in PC shipments

🧑‍💻 India's self-reliance on local production leads to significant growth in PC shipments

💔We offer our deepest condolences to the families and friends of the victims of a fatal terrorist attack on a church in Owo, Ondo State in Nigeria on Sunday. Our prayers are with them and the people of Ondo. - Techloy Team If you thought that we forgot to bring

Latin America-based edtech firm Talently raises $3 million for market expansion

Latin America-based edtech firm Talently raises $3 million for market expansion

Talently, a Latin America-based edtech firm has raised $3 million in its new funding round to consolidate its services in new markets. * The funds will be used to build out its operations in Mexico, Peru, Colombia, and Argentina. * Talently offers services on employability skills including personal branding, job interview management,

OPPO sees 34% annual growth in smartphone sales in Latin America

OPPO sees 34% annual growth in smartphone sales in Latin America

The Latin American smartphone market remained resilient in Q1 2022, after a strong performance in 2021, although shipments fell slightly by 3% year-on-year to 31 million, according to data from Canalys. * Samsung maintained its market leadership position with a share of 43%, shipping 13.4 million units. * Although second-placed Lenovo

Untapped Global raises $10.3 million to support SMEs in Africa and Latin America

Untapped Global raises $10.3 million to support SMEs in Africa and Latin America

Untapped Global, an investment-focused firm based in San Francisco, Africa, and Europe has raised $10.3 million in its pre-seed round to finance revenue-making assets for entrepreneurs and SMEs in Africa and Latin America. * The firm is empowering small and medium sizes enterprises in emerging markets by linking them to

Mexican logistics company Nowports raises $150 million, becomes a unicorn

Mexican logistics company Nowports raises $150 million, becomes a unicorn

Nowports, a logistics company based in Mexico has raised $150 million in its Series C funding round bringing it to $1.1 billion in valuation and now a unicorn. * The funds will be used to hire more tech and engineering talents and expand its services to more cities in Brazil,

Technology giant MTN's revenue saw double-digit growth to reach $2.8 billion in Q1 2022

Technology giant MTN's revenue saw double-digit growth to reach $2.8 billion in Q1 2022

The most important technology news and top venture deals across emerging markets, with charts that illustrate the stories.

Uruguay-based fintech Bankingly raises $11 million in funding

Uruguay-based fintech Bankingly raises $11 million in funding

Bankingly, [https://www.bankingly.com/?lang=en] a fintech firm based in Uruguay has raised $11 million in its new funding round led by Dalus Capital. * The funds will help the software-as-a-service (SaaS) company expand into 25 new markets, widen its presence in Latin America and make entry into Asian