brazil

Base10’s debut fund is the largest ever for a Black-led VC firm

Adeyemi Ajao, the co-founder and managing director of Base10 Partners, was surprised to hear his firm's $137 million fund was the largest debut to date for a black-led venture capital firm. He and

Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months aft

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

As the number of competitors in the ride-hailing industry dwindles, geographic expansion is emerging as the next proving ground to determine who will be the victor in the ride-hailing market.

India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK

The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its first market in Europe. Ola was founded in 2010 a

China’s Didi pumps $1B into its rebranded driver services business

Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also getting a rebrand. The Chinese ride-hailin

Korean hotel firm Yanolja moves into Southeast Asia with $15M investment in Zen Rooms

Zen Rooms, the budget hotel network startup founded by Rocket Internet, had faced the deadpool earlier this year after a prospective funding deal collapsed, but now the business appears to have found

China’s Didi Chuxing is close to launching a taxi-booking service in Japan

Days after raising $500 million via a strategic investment from travel giant Booking Holdings, Chinese ride-hailing giant Didi Chuxing has continued its international push with the launch of a local

A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech

Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobil

Using tech and $100M, Dr Consulta transforms healthcare for the poorest

Healthcare delivery is an incredibly complex topic, but one that has a simple truth: health security is key to living a good life, and, ultimately, for developing a strong economy. Unfortunately, bill

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes

Brazil’s tech startups begin to expand globally

Startups in Brazil, Latin America’s largest entrepreneurial ecosystem, are no longer solely focused on Brazil as their only frontier to conquer.

Another chapter on Facebook’s privacy woes is being written in Latin America

Felicitas Carrique Contributor Share on Twitter Felicitas Carrique is an Argentinian reporter focused on media, technology, and innovation. The abuse of Facebook’s platform for political purpose

Global tech firms and investors are reshaping Latin America’s startup environment

Julie Ruvolo Contributor Julie Ruvolo, a former writer for TechCrunch, is the head of editorial content for the Latin American Private Equity and Venture Capital Association. More posts by this contri

Report: China’s Didi to buy Brazil’s 99 in $1B deal to take on Latin America

A year ago, Didi made a big move into Brazil when it laid down over $100 million to take a stake in 99, a local competitor to Uber in the app-based ride hailing market. Now, on the heels of getting a

Brazilian startup Creditas is revolutionizing credit in the world’s third largest lending market

After 12 years working for banks and consulting firms on the digital transformation of financial services, Creditas founder Sergio Furio finally found a problem he felt he could build a business aroun

Smart trucking startup CargoX raises $20M

CargoX announced today that it has raised $20 million in Series C funding led by Goldman Sachs. The startup is currently focused on the Brazilian market, where it connects businesses that need to ship

Amid Brazil’s persistent economic crisis, fintech startup GuiaBolso raises $39 million

Despite a continuing economic crisis, Brazil's technology startups are continuing to attract cash and financing, with the mobile personal financial service GuiaBolso raising $39 million in fresh fundi

Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America

Venture investing in Latin America continues to pick up the pace, with new deals in financial technology services leading the way. One example of investors’ renewed interest in regional financia

bxblue wants to move payroll-secured loans online in Brazil

Payroll-secured loans are a $40 billion a year business in Brazil, but that business largely happens offline. A startup in Y Combinator called bxblue wants to change that by creating a marketplace f

The new wave of Brazilian SaaS innovators

The SaaS market in Brazil is booming. It mirrors the rapid adoption of SaaS as the dominant cloud computing type in a global public cloud services market that’s forecast to reach more than $122B in
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