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Tag: unicorns latin america

RIO DE JANEIRO, BRAZIL - Curitiba-based MadeiraMadeira, a furniture and remodeling products e-commerce company, has taken another step towards becoming an ecosystem of solutions for home and decoration. The company has just announced the acquisition of IguanaFix, a home...
RIO DE JANEIRO, BRAZIL - Commercial deliveries can be made via drones in Brazil, including food, authorized by the National Civil Aviation Agency (Anac) on Friday (21). With this, São Paulo-based iFood, in partnership with Speedbird Aero, will be...
RIO DE JANEIRO, BRAZIL - In 2021, Brazil had ten new unicorns - a status awarded to startups that reached a market valuation of one billion dollars. This is a record number of unicorns in one year, accompanied by...
RIO DE JANEIRO, BRAZIL - Brazil's Nubank debuts this Thursday (9) on Wall Street to consolidate itself as one of the largest digital banks in the world and reach a market value of up to US$41 billion, a forecast...
RIO DE JANEIRO, BRAZIL - Mexican fintech Clara announced that it received a Series B financing round for US$70 million, reaching a valuation of US$1 billion, which places it in the unicorn classification. Clara began operations in early 2021 along...
RIO DE JANEIRO, BRAZIL - According to research by venture capital firm ALLVP, these countries, unlike other Latin American nations, only have no more than two candidate companies that aspire to a valuation of more than US$1 billion. The reasons?...
RIO DE JANEIRO, BRAZIL - Kavak, a Mexican startup for buying and reselling used vehicles, has announced a Series E funding round. The funds raised a total of US$700 million and relied primarily on participation from venture capital group...
RIO DE JANEIRO, BRAZIL - Loft takes the lead in lending for real estate acquisition, begins operations in Belo Horizonte, and will expand its presence in the metropolitan areas of São Paulo and Rio de Janeiro. Loft, one of the...
RIO DE JANEIRO, BRAZIL - Although QuintoAndar, one of Brazil's largest real estate platforms, began operations in the North region earlier this month, the company has now publicly announced, on Monday, July 19, that property owners can register their...

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