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# Weekly Roundup: Latin American tech news and startup deals
- URL: https://www.techloy.com/weekly-roundup-latin-american-tech-news-and-startup-deals-2/
- Published: 2022-02-06T21:17:00.000Z
- Updated: 2022-04-18T20:18:03.000Z
- Author: Techloy
- Tags: Tech in Latin America, / Startups, / Money, Roundup

Here are the technology news, startup, and VC deals we tracked across the Latin American region this week:

- Chilean insurance tech startup **Betterfly** raised a $125 million Series C round at a $1 billion valuation led by Glade Brook Capital to expand overseas.
- Brazil-based digital human resources startup **Gupy**, which uses Artificial Intelligence to help around 1,500 companies select, hire, and train employees, raised about $93 million led by Japan's SoftBank and U.S. venture capital firm Riverwood.
- Mexico-based B2B payment and financing platform for emerging markets, **Tribal** raised $60 million in a Series B round led by SoftBank’s fund II for Latam, to support its growing client base in around 22 countries and to expand in Latin America.
- Colombia’s **Bold** raised $55 million in a Tiger Global-led round to enable digital payments in LatAm.
- Mexican fintech startup **Nexu** closed a $50 million Series A round of debt and equity financing.
- Brazilian digital insurance marketplace **180º Seguros** raised a $31.4 million Series A led by 8VC, with participation from Dragoneer, Monashees, Atlantico, Quartz, Norte.
- Colombian-based **Melonn**, which provides software and logistics services to small and medium enterprises (SMEs) in e-commerce, raised $20 million in a Series A round led by QED Investors.

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*[The Draft](https://www.techloy.com/tag/the-draft/)* provides a weekly roundup of the most important tech news across key emerging markets in Africa, Asia, Eastern Europe, Latin America, and the Middle East. Follow the rest of our coverage [@techloy](https://twitter.com/techloy) on Twitter.