Hey, it’s Yoel 👋 Back again with the 51st edition of Dealflow LatAm—your go-to source for all the deals, moves, and momentum in the region’s startup scene.
Capital is back, innovation is scaling, and LatAm’s startup ecosystem is moving fast. From billion-dollar bets to AI breakthroughs and market-shaping deals, this week proved the region isn’t just catching up — it’s setting the pace.
Plenty to break down—so let’s get into it 🚀
🇧🇷 Omie raises $160M in Brazil’s largest round of 2025 to expand its ERP platform for SMBs. The mostly secondary round was led by Partners Group, with participation from Softbank, Riverwood Capital, Astella, Tencent, and others.
🇧🇷 Ume raises $21.8M in Series B to expand its credit platform. The round was led by Valor Capital Group and Bewater, with PayPal Ventures, NFX, and others participating.
🇧🇷 Kamino raises $10M to scale its AI-powered financial management platform for mid-sized companies. The round was co-led by Flourish Ventures and Quona Capital, with Endeavor Catalyst also joining.
🇨🇴 Sempli raises $10M in debt to grow its SME loan portfolio by over 15% by year-end. The round included Banco de Occidente, Bancolombia, Banco AV Villas, Bancoldex, Fondo Presente, and Comfama.
🇲🇽 Santander, via Mouro Capital, leads €9M round in AI-driven debt recovery fintech Colektia, doubling down on LatAm fintech bets.
🇨🇱 Toteat raises $7.4M to expand in Latin America and develop AI-powered foodtech solutions. The round was led by Taram and Morro Ventures.
🇧🇷 Wehandle raises $6.8M to scale and expand across LatAm. The round was led by Canary, with Valutia, Blustone, and Quartzo participating.
🇧🇷 Asaas raises $6.5M to expand its SME-focused financial solutions. The round was led by Vivo Ventures, marking its largest investment to date.
🇨🇱 Diio raises $2.5M to scale its AI-powered sales support platform. The seed round was led by Base10.
🇧🇷 AEVO raises $1M to expand into Europe, starting with a subsidiary in the Netherlands. The round was led by FUNSES1 and Quartzo Capital.
🇧🇷 Just a Little Data raises $770K from B&P Ventures to launch Data Beats, AI agents for secure in-house data analysis via chat.
🇧🇷 GestãoDS raises $470K to develop AI solutions for healthcare. The round was led by CESAR, with Embrapii co-investing.
🇧🇷 Hubfi raises $340K to expand nationally and develop AI tools for the financial sector. The round was led by Investidores.vc, with 59 investors participating.
🇨🇱 4ID Science secures $250K from Corfo to take Congress Play to 🇲🇽 and launch its global Science Network platform.
🇧🇷🤝🇿🇦 EBANX integrates with Capitec Pay to enable real-time open banking payments for cross-border e-commerce in South Africa.
🇨🇴🤝🇺🇸 Rappi receives a $25M convertible note investment from Amazon to integrate logistics and retail infrastructure. The deal includes warrants allowing Amazon to acquire up to 12% of the company.
🇨🇱 Moov Media Group acquires Frisbi to boost influencer marketing with AI across six LatAm markets.
🇲🇽 Klar acquires neobank Bineo from Banorte to accelerate expansion in Mexico. The deal includes Bineo’s full digital banking license and is pending regulatory approval.
🇺🇸🤝🇲🇽 iCIMS acquires Apli, a LatAm-based AI hiring startup, to automate frontline recruitment via WhatsApp and expand into high-volume markets.
🇧🇷 Porto Maravalley startups raise $28M to grow their businesses and boost Rio’s innovation ecosystem. The hub hosts 55 startups and aims to expand to meet increasing demand.
🇨🇱 Screen Capital launches $20M fund to invest in gaming, VR, XR, OTTs & apps across LatAm.
🇵🇪 Inspira.TECH Fest 2025 lands in Lima on September 24, uniting tech, education, and finance for its biggest edition yet.
🇨🇴 L’Oréal & Cambridge open global accelerator for sustainable startups with mentoring, certification & investment links; apply by Oct 15.
🇨🇱 inDrive launches 2026 Aurora Tech Award in Chile to empower women-led tech startups with up to $50K in prizes; apply by Nov 12.
🇦🇷 DeepAgro uses NVIDIA-powered AI to cut herbicide use by 73%, expanding precision agtech from Argentina to LatAm & the U.S.
🇦🇷 Moolec Science gains approval in Argentina for Safflower GLASO, boosting local production of high-value oil and expanding its molecular farming.
🇧🇷 Nubank delays its return to Argentina—calling off a deal for now—citing political/economic instability after recent elections.
🇺🇾 TripWip launches in Argentina, already with 14,000 users, after raising $1M and partnering locally to fuel its carsharing growth.
🇧🇷 Feel, Brazil’s femtech, doubled its product line and hit break-even with 50% YoY growth—now expanding into physical retail to boost reach.
🇧🇷 Zoop boosts sales with its white-label Tap to Pay and Pix via NFC, used by Nubank and others across 300K+ sellers.
🇧🇷 Birdie, backed by SoftBank, triples revenue in 2025 and expands globally with clients like Patreon—targeting 50% intl revenue by 2026.
🇧🇷 HuNIm builds an impact hub in the Amazon to support Indigenous-led ventures in bioeconomy and regenerative innovation.
🇺🇦🤝🇧🇷 Atlaslive partners with OneKey Payments to offer fast, secure, and compliant local payment options in Brazil and across LatAm.
🇨🇱 Encuadrado opens hub in Santiago to boost digital health; active in 4 countries with 7,000+ users.
🇨🇱 Levita Magnetics performs world’s 1st AI-guided robotic gallbladder surgery in Chile using its MARS platform, marking a leap in autonomous surgery.
🇨🇱 Khipu processes 1% of Chile’s GDP, serving 4,000+ clients and 2 million monthly users, while boosting payment conversion rates by up to 15 points.
🇨🇱 Xertica.ai launches in Chile to boost public sector digital transformation with GenAI and cloud solutions.
🇨🇱🤝🇧🇷 Reborn Electric Motors brings in Marcopolo as strategic partner to scale its electric bus tech made in Chile globally.
🇨🇴 GrabrFi launches a USD Mastercard debit card in Colombia, enabling locals to bank in dollars and spend globally without conversion fees.
🇨🇴 Lyra partners with Kamin to enable real-time person-to-merchant payments in Colombia, aligned with Bre-B.
🇨🇴 Rappi expands in Tunja with 300+ businesses and 400+ delivery partners, boosting local commerce and service variety.
🇨🇴 Nequi hits $1.3B COP in loans, evolving from wallet to neobank and boosting financial inclusion in Colombia.
🇨🇴 Quipu and Claro pay financed 7,000+ small businesses in Colombia, disbursing over $770K to boost inclusion and access to credit.
🇲🇽🇨🇴 Bitso CEO Daniel Vogel calls for clear crypto rules to boost adoption as remittances via Bitso hit $6.5B.
🇨🇴📈 Bold boosts small business sales in Colombia by 20–25% with its digital payment terminals, now aiming for 1 million devices sold and 500K active.
🇲🇽 Finsus secures banking license and eyes IPO in 2–3 years, aiming to expand its fully digital model for SMBs across LatAm.
🇲🇽 Yalo launches Agent Builder, letting anyone create AI agents for WhatsApp or calls just by describing their needs—no coding needed.
🇨🇱🇲🇽 Fintual Acciones launches in Mexico: invest in U.S. stocks and ETFs with 0% trading fees, all from your phone in under 10 minutes.
🇵🇪🇲🇽 Do Payment launches in Mexico offering real‑time PayIn/PayOut services, aiming to process $15M in transactions by end‑2025.
🇲🇽🇺🇸 Jeeves launches Instant Pay, enabling stablecoin cross-border payments between Mexico and the U.S., cutting FX costs by up to 80%.
🇨🇱 Sheriff expands to 🇵🇪 to offer AI-powered risk monitoring for businesses, aiming to lead real-time risk prevention in LatAm.
🇨🇱🇵🇪 Mine Class, Chilean mining EdTech, opens office in Lima to offer binational training and boost its regional expansion.
🇺🇾🤝🇺🇸 dLocal joins the Fireblocks Network for Payments to strengthen fiat–stablecoin rails in 40+ emerging markets.
🇺🇸🤝🇺🇾 Western Union taps dLocal to add Pix and local payments to remittances across Brazil, Mexico, Argentina & more LatAm markets.
🇸🇻🤝🌍 Real Travel & ISTU partner to digitize El Salvador’s parks, promoting sustainable, paperless tourism via an interactive app.
🇻🇪 Yummy launches Marketplace to bring safer, instant resale and e-commerce to Venezuela, backed by a fleet of 70K+ drivers and processing 25M+ orders.
🇪🇨 PeiGo, backed by Banco Guayaquil, expands access to finance in Ecuador with instant-access debit cards, driving digital payment adoption.
🇦🇷 Fintech lending in Argentina grew 68% YoY, reaching 5.2M people and 5,000 businesses. The sector is driving financial inclusion, per ITBA and Cámara Argentina Fintech.
🇦🇷 Argentina’s Treasury refinanced 91% of its peso debt, leaving $426M in circulation. The Central Bank may step in to absorb the surplus and ease FX pressure.
🇧🇷 Brazil holds $3B in dry powder for startup investment, the second-highest level in its history. According to Atlantico, the country combines capital, talent, and favorable regulation to support a new, AI-driven wave of tech entrepreneurship.
🇲🇽 Binance launches Medá in Mexico with a $53M investment to boost fintech access and innovation. The regulated platform will enable MXN transactions within Binance’s global ecosystem.
🇧🇷 Julio Vasconcellos, Managing Partner at Atlantico, published “The End of Friction”, the 2025 edition of their Digital Transformation Report 🌎. It dives into how LatAm is reaching a tech inflection point, driven by AI, digital IDs, and an explosion of venture capital.
