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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/
- Published: 2021-12-18T19:13:00.000Z
- Updated: 2022-04-18T18:14:23.000Z
- 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.

- Mexican logistics tech startup **Nowports**, which provides digital freight forwarding services to simplify international trade processes in Latin America, has raised $60 million in funding led by Tiger Global, with participation from SoftBank Global and DST Global.
- Mexico's **Guru Hotel** has raised a $2.1 million round from Anthemis Group, Magic Fund, 500 Startups, Shruti Challa, and others to position itself in the tourism and hotel reservations industry. \[Contxto\]
- Brazilian e-commerce startup **Olist** says it has raised $186 million in a Series E funding round led by Wellington Management, at a $1.5 billion valuation, after its $80 million Series D round in April 2021, becoming the latest unicorn in Latin America.
- Mexican logistics startup **Nuvocargo**, a digital platform for cross-border trade between Mexico and the United States, has raised $20.5 million in a round led by Tiger Global.
- Brazilan-Mexican headquartered e-commerce platform **Merama.io**, which acquires other e-commerce startups in Latin America, says it has raised $60 million led by Advent International and Softbank, after raising $225 million Series B in September, bringing its valuation to $1.2 billion.
- Brazilian foodtech startup **Shopper.com.br** has raised $30 million in a Series C round led by Singapore fund, GIC, after it raised $21 million in a Series B round earlier this year. \[Contxto\]
- Peru's edtech startup **CrackTheCode.la**, which provides online coding courses for children and teens, has raised $2.7 million in funding led by Kaszek Ventures.

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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.