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Magma Partners Launches $15M Fund to Support LatAm Startups; Announces First China-LatAm Accelerator

Magma Partners, an early stage venture capital firm with offices in the U.S. and Latin America, has held the first close of its second...

Conversica Acquires Intelligens.ai

Conversica, a Foster City, CA-based provider of conversational AI solutions for business, acquired Intelligens.ai, a Santiago, Chile-based provider of conversational AI for sales and...

ComparaOnline Raises USD$14m in Series C Funding

ComparaOnline, a Santiago, Chile-based marketplace for insurance and financial products in Latin America, raised USD$14m in Series C funding. The round was led by...

Vinci Raises Multi-Million Series A Funding

Vinci, a Beijing, China-based provider of AI powered smart headphones, received a multi-million USD Series A round of funding. Backers included SkyChee Ventures which...

Destacame Closes Seed Financing Round

Destacame, a Santiago, Chile-based alternative credit scoring startup, closed a seed round of financing of undisclosed amount. The round was led by Accion Venture...

Lalamove Closes US$30M Series B Financing

Lalamove, a Hong Kong-based on-demand delivery company, completed a US$30M Series B financing round. The round was led by Xianghe Capital, with participation from Blackhole...

Confirmed: Redpoint Ventures Closes $180M China Fund

As we anticipated some days ago (read here), venture capital firm Redpoint Ventures has confirmed that it has closed a $180m Redpoint China I...

Properati Receives $2M in Venture Capital Funding

Properati, a Buenos Aires, Argentina-based online and mobile solution for the real estate market, received $2m in funding. Backers included Neveq II, NXTP Labs,...

Cornershop Raises $6.7M in Series A Funding

Cornershop, a Mexican-Chilean provider of a fast grocery delivery service, raised $6.7m in Series A funding. The round was led by Jackson Square Ventures and...

Origo Ventures Receives $1m Grant from CORFO

San Diego-based Origo Ventures, through its Chilean subsidiary Fen Ventures, received a $1m grant from the Chilean government's investment entity CORFO. The firm early stage...

ComparaOnline.com Raises $11M in Series B Financing

ComparaOnline.com, a Latin American online insurance and financial services marketplace, raised $11m in Series B financing. The round was led by Ribbit Capital, with participation...

Start-Up Chile to Open Application Process

Start-Up Chile, the program that seeks to attract early stage, high-potential entrepreneurs to bootstrap their startups in the country, just opened its 7th application...

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