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
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