Jüsto raises $70M in equity and debt financing
Mexican online delivery-only supermarket Jüsto raised $70M in debt and equity. General Atlantic led the $50M equity portion…
Rappi acquires Fountain9 to enhance AI-driven operations
Rappi, the Colombian delivery platform, acquired Indian AI company Fountain9 to strengthen its logistics capabilities. The financial details…
Veikul raises $3M in seed round
Mexican marketplace Veikul raised a $3M seed round from First Check Ventures and angel investors, including Armando Véjar,…
Interview with Chazki on its merger with Lok. OCN raises $86M, Ep 176
This week’s Espresso covers news from Caliza, Vammo, Nomad, and more!
Chazki merges with Lok
Chazki, the Peruvian startup specializing in transportation and delivery services for e-commerce and retail, merged with Lok, a…
Nubank and Rappi featured in TIME’s 100 Most Influential Companies of 2024
Nubank and Rappi were the only two Latin American companies named in TIME100’s Most Influential Companies of 2024. …
Hungry House and Megabite merge to create BiteLabs
US based dish delivery and pick-up startup Hungry House merged with Peruvian food tech startup MegaBite to create…
Speedbird Aero raises $2M round
Brazilian startup Speedbird Aero raised a $2M round led by MSW Capital. With this funding, the company will…
Jokr shuts down operations in Colombia 2 months after leaving Chile
Jokr, the virtual supermarket platform, announced it will cease its operations in Colombia. Last November, Jokr left Medellín,…
Ozon raises $29M to create a more transparent and accessible used motorcycle market
Ozon, a Mexican startup that buys, fixes, and sells motorcycles, announced it raised $25M in debt and $4M…