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Jan 9, 2025 | 
gurutrade.com | Ricardo Figueroa |Natalia Siniawski |Hugh Lawson
Jan 9 (Reuters) - Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer price index.
Annual headline inflation in Latin America's second-largest economy hit 4.21% last month, INEGI data showed, below the 4.28% expected by economists in a Reuters poll and down from the November figure of 4.55%.
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Jul 14, 2023 | 
latamlist.com | Ricardo Figueroa
InvGate announced a successful $35M funding round led by Riverwood Capital, with additional participation from Endeavor Catalyst. The funding will accelerate InvGate’s worldwide expansion plans and enhance its product platform. This includes leveraging automation and AI-based functionalities, enabling enterprises to scale their operations and achieve greater efficiency.
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Jul 13, 2023 | 
latamlist.com | Ricardo Figueroa
Regcheq, a Chilean SaaS startup, secured a funding round of $2M led by Taram Capital, with participation from Grupo Sable and Consorcio. The capital raised will support Regcheq’s expansion into Brazil and its recent entry into the Mexican market. The company acquired a Mexican compliance firm called UBcubo in line with its growth strategy. Regcheq specializes in compliance processes and non-financial risk mitigation.
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Jul 12, 2023 | 
latamlist.com | Ricardo Figueroa
Torqi, a Brazilian fintech focused on agribusiness logistics, received a $12 million investment round led by Galapagos Capital. Allowing Torqi to explore new territories in the transportation market and improve credit and collection processes and policies. The transportation market in Brazil is facing significant changes with digitization, resulting in a drop in informal freight carriers’ usage.
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Jul 12, 2023 | 
latamlist.com | Ricardo Figueroa
Teachy, a Brazilian edtech company, secured a pre-seed investment of $1.6 million, led by NXTP, with participation from Roble Ventures. The company will use the funds to grow its development team and enhance its AI-powered platform that helps school teachers streamline tasks outside the classroom. Research shows teachers in Brazil spend an average of 20 hours a week on job-related activities outside of working hours.
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Jul 11, 2023 | 
latamlist.com | Ricardo Figueroa
Truora has become Meta’s new business solution provider. This collaboration aims to strengthen Truora’s cutting-edge Customer Engagement platform on WhatsApp, allowing companies to connect, engage, and retain users. “We are thrilled to join forces with Meta to deliver exceptional experiences, enabling companies to build stronger connections and foster customer loyalty.
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Jul 7, 2023 | 
latamlist.com | Ricardo Figueroa
Frete.com, the road freight transportation platform, has partnered with BTG, Brazil’s largest investment bank, to launch a receivable investment fund worth R$300M ($60.8M). This fund offers small freight carriers that operate on Frete’s platform “Fretebras” working capital loans to help them grow. These carriers have a much harder time getting loans in the financial sector. Fretebras processes ~$20.2B annually in payments to truck drivers for 17,000 small carriers across Brazil.
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Jul 6, 2023 | 
latamlist.com | Ricardo Figueroa
GoodMeal, a Chilean startup dedicated to fighting food waste, has announced its plans to enter the Colombian market. The company will initially launch its services in Bogotá, with a vision to expand to the five major cities of Colombia by 2024. After raising $1.2 million in 2022 to support its growth in Chile, GoodMeal is preparing to expand internationally to become Latin America’s leading technological solution against food waste.
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Jul 5, 2023 | 
latamlist.com | Ricardo Figueroa
Amplifica Capital, a venture capital fund based in Mexico City, has recently announced its investment in Minus, the innovative coffee alternative developed by Compound Foods. Minus offers a sustainable solution for consumers concerned about the quality of their coffee and its impact on the environment. Minus uses fermented and caffeinated ingredients like roots, seeds, and legumes.
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Jul 4, 2023 | 
latamlist.com | Ricardo Figueroa
Colombian startup Celes secured $1 million in seed funding to expand its sales team and develop its AI and analytics-driven solution for retail SMBs.The round was led by Primeline Group, with additional funding by MatterScale, and Rockstart. Celes aims to become an authentic “operating system” that analyzes and manages the vast data in the retail sector—transforming it into a source of cash flow rather than a technical challenge for businesses.
