Copy
View this email in your browser

 

Good morning! ☀

Plenty of news this week: large investment rounds, key acquisitions for startups and the launch of a new investment fund. 

Jüsto, the Mexican online supermarket that also operates in Brazil and Peru, has raised a US$152M Series B and is seriously thinking about expanding to Chile and Colombia. It's also planning to open its first physical store in Peru –an interesting contrast with the traditional brick-and-mortar businesses that struggle with going online. 

Thirty, a fintech that digitizes micro-businesses in Latin America, has just raised a US$46M Series A, the largest one ever for a Colombian startup and one of the largest in the region.

Also, 500 Startups presented its most recent batch that includes companies from Colombia, Ecuador, Argentina, Mexico, and Costa Rica. 

Last, but not least, Tribal has launched Tribal Ventures, its own fund focused on early-stage companies. This opens a path of possibilities (and competition) to all those growing startups in the popular industry.

–Paola Villarreal

Some Context 🦄 

Q&A l “The Key Is Not to Fall in Love with the Product, but with the Problem to Be Solved” – Mike Medina, Plerk
Plerk is a platform that is providing diversity and revolutionizing food vouchers in Latin America.

Swvl, The Mobility Company That Acquired Buenos Aires-Based Viapool, Has Gone Public Via SPAC
In 2021, the Dubai-based company acquired Viapool for US$10M. Swvl wants to be a global mass transit operator.

500 Global Will Invest In These 10 LatAm Companies
The firm's latest batch includes startups from Colombia, Ecuador, Argentina, Mexico, and Costa Rica..

Loving this? Forward to a friend! Loving this? Forward to a friend!

Sweet New Deals 🤑 

Vittude, a Mental Health Healthtech for Businesses, Raises a US$7M Series A
Mexican Audiobook Startup Beek Acquires Silicon Valley-Based A.I. Company
Pacto Raises US$2M; FEMSA Ventures and 500 Startups Among Its Investors
Plenna Raises A Seed Round And Begins To Provide Hybrid Healthcare
Casai Buys Brazilian Startup Loopkey In A Strategic Acquisition

What We're Reading 📚

Why Are Companies Choosing to Delist From The Mexican Stock MarketBloomberg Línea
The fundraising market is losing some of its founder-friendly shine – TechCrunch
Bitcoin Billionaires Sound Alarm on U.S. Dollar Inflation – Bloomberg

Don't miss our weekly podcast

Twitter
LinkedIn
Website
Copyright © 2022 Contxto, All rights reserved.

Our mailing address is:
Contxto
Kepler 9
Mexico City, Miguel Hidalgo 7500768
Mexico

Add us to your address book


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.