Latin America startups broke debt record in 2022 due to capital shortage
Investment in risky debt reached an all-time high in Latin America, accumulating US$1.3 billion in risky debt in 2022.
December 22, 2022Topic
Kavak
Brazilian market decisive for Mexican used car startup Kavak
Investment of R$2.5 billion (US$485,000), inventory with 20,000 cars, 16 million visitors on the site, besides 92,000 in the stores:
August 12, 2022
Analysis: Ecosystems in Peru and Ecuador still fail to turn startups into unicorns
Ecuador and Peru is different. Ecuador has only one startup focused on the world of unicorns (the fintech Kushki), while...
December 1, 2021
Chilean startup Buk reaches US$417 million valuation; Softbank and Greenoaks become shareholders
With the operation, the company reached a valuation of US$417 million, making it the country's 3rd most valuable startup after...
October 6, 2021
Brazil’s used car prices surge up to 20%, sales soar with shortage of new vehicles
With demand on the rise, prices have climbed to levels unseen since the Cruzado Plan (in the 1980s). Some models...
September 27, 2021
Mexican used car unicorn Kavak receives US$700 million funding
RIO DE JANEIRO, BRAZIL - Kavak, a Mexican startup for buying and reselling used vehicles, has announced a Series E...
September 22, 2021
Brazil’s QuintoAndar attracts Chinese giant Tencent in new US$120 million investment
With the new contribution, QuintoAndar's valuation - the largest platform for renting, buying and selling real estate in Brazil -...
August 19, 2021
Argentine existing and future unicorns: Top 10 startups and regional ranking
Auth0 joined Mercado Libre, Globant & Despegar to push Argentina to #2 in Latin America. Meet the 10 startups reshaping...
August 17, 2021
Seven of the 10 most valuable startups in Latin America are from Brazil
RIO DE JANEIRO, BRAZIL - The cryptocurrency market is becoming increasingly relevant in the Latin American startup ecosystem: According to...
July 6, 2021