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Kaszek Earmarks Nearly $1 Billion in New Funds for Latin American Startups
Kaszek plans to put money in 20 to 30 companies out of its early-stage fund in Latin America.
- Categories
- Investing, Technology
- Region
- Latin America
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IFC Announces a Sustainable Loan of $160 Million to Produbanco to Support the Blue Economy in Ecuador
The loan will be used to promote the blue economy and boost access to financing for Small and Medium Enterprises (SMEs).
- Categories
- Environment
- Region
- Latin America
- Tags
- blue economy, ESG, global development, MSMEs, waste, water
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Press Release: Pacto Closes US $4 Million Seed Funding to Grow Restaurant Point of Sale and Payments Software in Mexico City
With its cloud-based software and a range of payment options, Pacto is helping restaurants and bars manage their operations and grow their revenue and tips.
- Categories
- Technology
- Region
- Latin America
- Tags
- data, digital inclusion, innovation, MSMEs, startups
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Cabify Secures $110 Million In New Funding Round
The Madrid-headquartered company plans to invest the funds in expanding its presence in Latin America.
- Categories
- Technology, Transportation
- Region
- Latin America
- Tags
- transportation
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Analysis: Mexico Makes Lots of Electric Cars, but Few Mexicans Drive Them
The zero emissions cars remain too expensive for most Mexicans and they are impractical to drive in much of the country, which lacks enough charging stations.
- Categories
- Technology, Transportation
- Region
- Latin America
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Petrobras (PBR) to Invest $6 Billion in Sustainable Exploration in Latin America
Petrobras has stated that it is awaiting approval from Brazil's environmental authorities to commence exploration in the region.
- Categories
- Energy
- Region
- Latin America
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Analysis: How US Bank SVB’s Failure Could Impact Latin America
Tightening credit conditions resulting from the collapse of Silicon Valley Bank (SVB) could restrict financing in emerging market economies such as Latin America.
- Categories
- Finance
- Region
- Latin America
- Tags
- digital finance, failure
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Upload Ventures, a SoftBank Latin America Spinout, Seeks to Raise a $250 Million Fund
Less than one year after Upload Ventures spun out of SoftBank’s investment arm, the Latin American–focused investment arm is seeking to raise a $250 million fund.
- Categories
- Investing, Telecommunications
- Region
- Latin America
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