Sugo Store, a Peruvian grocery platform offering soon-to-expire products and carbon credit origination platform, raised a USD5.5m seed round from IDB Lab, Nazca and FEMSA Ventures. (IDB Lab) – IDB…
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Company: Kilimo Investors: NXTP Ventures, Alaya Capital, The Yield Lab, Xpand Ventures Interview with: Tatiana Malvasio (COO) Kilimo, an Argentine agtech using satellite-based analytics to optimize water irrigation systems in…
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Sempli, a Colombian lending platform for SMEs, raised USD10m from IDB LAB, Oikocredit, Incofin, Enabling Capital and Symbiotics. Oikocredit and Incofin led a USD8m Series A in 2019; Oikocredit and IDB…
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Ayenda, a Colombian budget hotel chain, raised a USD10m round from 500 Global, Dalus Capital and IDB Lab. Dila Capital invested in June; KASZEK led a USD8.7m Series A in 2020;…
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DILA Capital reached a US$35m first close for DILA IV. IDB Lab is acting as the anchor investor in the fund. The new fund aims to invest in a total…
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Company: Arukay Financing Status: Bootstrapped Interview with: Co-Founder & CEO Vicky Ricaurte Arukay, a Colombian edtech teaching K-12 students how to program, won the 2019 WeXchange Pitch Competition, an initiative founded…
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IDB Lab announced an undisclosed investment in DILA Capital’s DILA IV Fund. The fund aims to invest in 21 to 25 companies across Latin America, including less developed VC markets…
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IDB Lab announced it will be investing an undisclosed amount in 500 Luchadores III, a fund managed by 500 Startups LatAm. The fund intends to support up to 130 Latin…
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Capital Invent led a MX$27.6m round in Dev.f, a Mexican edtech for programmers. (Press Release) Dev.f, a Mexican Edtech Startup, raise investment round to increase the number of programmers in…
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Magma Partners closed its third fund with US$50m in commitments, including US$4m from IDB Lab, to invest in Latin American startups. (LatAm List) Magma Partners, an early-stage investment firm with…
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