GoTrendier raises $3.5 million to take on Spanish-language fashion marketplaces

Thanks to environmentally conscious young buyers, throwaway culture is dying not only in the U.S., but also in Latin America — and startups are poised to jump in with services to help people recycle used clothing. GoTrendier, a peer-to-peer fashion marketplace operative in Mexico and Colombia, has raised $3.5 million USD to do just that. […]

Investors are pouring money into Latin America’s logistics and shipping businesses

New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be the next Convoy and Flexport — at a time when shipping and logistics business in Latin America is booming thanks […]

Hola Code tackles the real migration crisis

Tamara Davison Contributor Tamara Davison is a British journalist reporting from Mexico. She has written for The i Newspaper and Entrepreneur as well as many regional newspapers worldwide, and she is the current editor of Aztec Reports. After spending eight months in an immigration facility in the United States, Abimael Hernandez made the tough decision […]

Facebook is reportedly testing solar-powered internet drones again — this time with Airbus

Facebook last year grounded its ambitious plan to develop a solar-powered drone to beam internet across the world, but the company isn’t done with the concept, it seems. The social media giant is working with aeronautics giant Airbus to test drones in Australia, according to a new report from Germany’s NetzPolitik. Using a request under […]

Byju’s targets global expansion for its digital education service after raising $540M

India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is making things official. The ten-year-old company revealed today it has pulled in a total of $540 million from investors to go after international opportunities. The round is led by Naspers, the investment firm famous for […]

Cross-border fintech startup Instarem raises $20M for global expansion

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator Telkom — and Beacon — the fund belonging to Thai bank Kasikorn — as well as […]

This tiny house grows with your family

Tiny houses are all the rage, but once you put more than a few people in one you have a problem: Where can you go from there? Nowhere. Exactly. What you do is, if you need that extra push over the cliff, you know what you do? Talk to Brian Gaudio. Gaudio is the founder […]

Electric scooter startup Grin raises ~$45 million

Grin, an electric scooter startup backed by Y Combinator, has raised a $45.7 million Series A to operate shared, electric scooters in Latin America. Grin, which is based in Mexico City, had previously raised funding from Sinai Ventures, Liquid2 Ventures, 500 Startups, Monashees, Base10 Partners and others. Currently, Grin only operates in Mexico City, but […]

The funding mirage: How to secure international investment from emerging markets

Jose Deustua Contributor Looking for funding as a startup in Latin America is a lot like looking for a watering hole in the middle of the desert. You know it’s out there, but finding it in time is a life or death situation. Granted, venture capital investment in the region is at an all-time high, […]

Latin America is the next stage in the race for dominance in the ride-hailing market

Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago, Chile. More posts by this contributor Latin America’s Movile is quietly building a mobile empire Latin America’s Groupon Mafia As the number of competitors in the ride-hailing industry dwindles, geographic expansion is emerging as the […]