Dealflow LatAm #33: Credituz raises $5.5M. Revelo buys again. Argentina’s first private rocket ready for liftoff.
- Yoel Rodriguez of Dealflow LatAm <dealflowlatam@substack.com>
- Hidden Recipient <hidden@emailshot.io>
Dealflow LatAm #33: Credituz raises $5.5M. Revelo buys again. Argentina’s first private rocket ready for liftoff.Welcome to the 33rd edition of the Dealflow LatAm newsletter: a weekly summary of everything that happened in the LatAm startup and investment ecosystem.
Hey, it’s Yoel 👋 Back again with the 33rd edition of Dealflow LatAm—your go-to source for all the deals, moves, and momentum in the region’s startup scene. Fewer rounds, but no dull moments: 🇧🇷 Credituz, Allugg, Lara & diio. 🇧🇷 Revelo went shopping again, stacking up two more M&As. 🇦🇷 Tlon Space is aiming way up with the country’s first private rocket. 🌎 Meanwhile, new funds, cross-border alliances, and innovation hubs popped up from 🇵🇪 Lima to 🇻🇪 Caracas. Plenty to break down—so let’s get into it 🚀 Startup funding news 💸Rounds $1M to $10M:
Other rounds of funding:
M&A transactions 🎊🇧🇷 Revelo acquires Alto and Paretisa to strengthen its position as a leading connector of LatAm tech talent to U.S. companies. With five M&As in two years, the HRTech plans further deals and may raise new funding to fuel its AI-driven growth strategy. 🇧🇷 Sankhya acquires Flowbiz to integrate digital marketing into its ERP platform. The company has allocated $35.4M for future M&As through 2026. Investor & accelerator news 🚀🇦🇷 Agencia Córdoba Innovar y Emprender launches two programs offering up to $13.5K to boost startups and SMEs through open innovation. 🇧🇷 PRIO launches a $21M fund, managed by Citrino Ventures, to invest in oil & gas innovation. The fund will back startups focused on production, operations, sustainability, and digital transformation. 🇧🇷 TAG Investimentos launches TAG Edge, a new hub to link structured credit, startups, and large companies. The goal is to build a $530M portfolio over five years focused on sectors like agribusiness, retail, and climate solutions. 🇧🇷 Claro, USP and Fapesp invest $7.6M to create a research center focused on 5G and generative AI technologies. 🇨🇱🤝🇧🇷 SOFOFA Hub partners with Parque de Innovación de São José dos Campos to help Chilean startups access Brazil’s innovation ecosystem and scale in LatAm. 🇨🇱 BID Lab and ChileGlobal Ventures launch a $400K revenue-based debt fund for climate-resilient startups in Chile, offering up to $40K per company. 🇲🇽 Bitso awards up to $300K to 9 LatAm startups through its acceleration program The Push, supporting blockchain solutions in payments and remittances. 🇵🇪 Yango launches Yango Ventures, a $20M fund to invest in Peruvian startups from seed to Series B stages, while tripling its growth in the local ride-hailing market. 🇻🇪 Banco de Venezuela launches HUB BDV Innova to incubate fintech and tech startups like Assistai, BHappy, and Jedy Health CMO, providing mentorship and client access to boost innovation. Opportunities & Deadlines 👀
Startup news 💡🇦🇷 Argentina
🇧🇷 Brazil
🇨🇱 Chile
🇨🇴 Colombia
🇲🇽 Mexico
🇵🇪 Peru
🇺🇾 Uruguay
🌎 Other LatAm News
Big company & policy news 💡🇦🇷 Mercado Libre posts $494M Q1 profit (+44% YoY), driven by strong growth in Argentina, where sales and payments more than doubled. The company will invest $2.6B in Argentina and $6.6B in Brazil in 2025. 🇧🇷 Sebrae Startups ranks São Paulo, BH, and Rio as Brazil's top cities by startup count. The new report highlights regional hubs with over 50 registered startups each. 🇧🇷 Nubank faces regulatory pressure in Brazil and may need a banking license or rebrand due to new rules on using the term “bank.” 🇨🇳🇧🇷 Meituan invests $1.1B to launch Keeta in Brazil and challenge iFood in food delivery. The move marks its LatAm expansion strategy. 🇨🇱 Amazon to invest $4B in a new AWS cloud region in Chile by late 2026 to boost digital infrastructure and cloud adoption across LatAm. 🇨🇴🇦🇷 Mercado Libre fined $54,500 for requiring facial recognition to access its platform. Colombia’s SIC ruled it violated data protection laws and must offer alternative login methods. 🇨🇴 Mercado Libre to invest $470M in Colombia in 2025 to boost tech, logistics, and infrastructure. The company also opened new offices in Bogotá to support regional expansion. 🇲🇽 CNBV moves to ease banking regulation and support digital banks like Banco Plata, Nu México, and Revolut Bank. Over 9,000 small businesses benefited from simplified credit rules. Cybersecurity remains a top regulatory challenge. Interesting reads 💡🇺🇸 TechCrunch reports in “Revelo’s LatAm talent network sees strong demand from US companies, thanks to AI” how U.S. firms are tapping LatAm engineers for post-training LLM tasks. Revelo is leading this trend, supplying AI-ready talent to major enterprises. |
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