Hey, it’s Yoel 👋 Back again with the 35th edition of Dealflow LatAm—your go-to source for all the deals, moves, and momentum in the region’s startup scene.
This week comes packed with positive signals for the LatAm ecosystem. While there weren’t tons of funding rounds, the ones we saw were meaningful—and the movement doesn’t stop there.
New funds, smart acquisitions, fresh opportunities, and stories that remind us why we believe in this region. From fintech to deeptech, from resilience to ambition—LatAm keeps pushing forward.
Plenty to break down—so let’s get into it 🚀
🇧🇷 Blips raises $9M to expand credit and equipment rental services for small businesses. The round was led by Headline, with XP participating, and will support its transition to a licensed financial institution.
🇧🇷 Next Fit raises $8.8M Series A to digitize fitness management in LatAm. The round was led by Cloud9 Capital, with Parceiro Ventures participating, to enhance its tech and expand operations.
🇨🇷 ClearLeaf raises $3.5M to expand its non-toxic crop protection products globally. The Seed round was led by Hawthorne Food Ventures and M7 Ace NEO.
🇲🇽 Blooms raises $2.6M to expand its AI-based ag export financing platform. The round was led by SP Ventures, with several regional investors participating.
🇦🇷 Calice raises $2.5M to expand AI-driven agtech solutions and enter the U.S. and Brazilian markets. The round was led by Astanor, with Draper Cygnus, Xperiment Ventures, and others participating.
🇦🇷 The Network raises $2.5M to expand its platform for professional networking. The funds will enhance features and scale operations.
🇧🇷 Avenia raises $2.1M to expand its cross-border payments platform across LatAm. The seed round was co-led by Big Bets and Fluent Ventures, with participation from Grão VC and startup founders.
🇨🇱 Poliglota raises $1.5M to expand its B2B language learning platform in Mexico and the U.S. The round was led by Chile Global Ventures with other investors.
🇺🇾 Foliume raises $1M to automate insurance processes with AI. The round was led by Pitchdrive and Íope Ventures to fuel European expansion.
🇧🇷 ImpulsoGov raises $100K from Fundação Mulago to expand its data platform for preventive public healthcare in Brazil.
🇲🇽 Preventix receives funding from Impact Ventures PSM Seed to scale its AI-powered cervical cancer test with 85%+ accuracy.
🇦🇷🤝🇲🇽 Tiendanube integrates Kalto to launch Pago Nube, a financial system for Mexican SMEs. The platform will offer payments, collections, and future credit tools.
🇧🇷 Clash acquires GRB Services to expand B2B credit ops with GenAI and boost debt renegotiation automation.
🇧🇷 TC TradersClub sells 49.9% of Economatica to REAG for $10.6M to fund its new digital brokerage, with a focus on tech integration and user experience.
🇺🇸 🤝🇧🇷 JumpCloud acquires Brazil’s VaultOne to strengthen its identity and access management and expand global security capabilities.
🇨🇱 Visma acquires Rindegastos to grow its financial tools in LatAm. The Chilean platform keeps its brand and team.
🇨🇱 Colegium acquires KidsBook, its fifth edtech deal since 2020, boosting early education presence and aiming for 20% growth in 2025.
🇧🇷 Unimed-BH launches a $10.6M CVC initiative to invest in healthtechs via Horizontes Hub. Initial investments include Dr.Scriba and SOI, focused on clinical automation and oncology care.
🇧🇷 BRQ commits $5.3M to invest in AI and Drex-linked startups over five years. With $3.5M already invested in 15 companies, the focus is on scalable B2B SaaS in fintech, insurtech, and Web3.
🇧🇷 Matheus Beirão, founder of Queima Diária, launches Dara Venture to invest up to $1.77M in health, edtech, and tech startups earning $350K+ annually.
🇧🇷 Nestlé partners with Cubo Itaú to boost open innovation in Brazil. The alliance will support local startups and develop sustainable food tech through Panela Nestlé.
🇨🇱 Invexor launches $11M fund Discovery II to back 13 early-stage startups in Chile; follows Discovery I and includes Corfo support.
🇲🇽 Endeavor México has helped create over 4.1M jobs and launched Endeavor Catalyst V, a co-investment fund to support high-impact startups.
🇪🇸 Tritemius Capital launches a $22.7M fund to invest in early-stage web3 and DeFi startups in Europe and LatAm. The fund targets high-potential decentralized tech.
🇨🇱 Transelec Ventures opens call for startups in market intelligence and risk modeling. Applications open through May 2025.
🇨🇱 Regiones Emprende invites Chilean startups to pitch at its Demo Day on June 12. Applications are open until June 6.
🇦🇷 Bayer and Endeavor launch LEGADO 2025 to scale five impact startups across the region. Deadline to apply: June 6, 2025.
🇨🇱 TECLA 2025 opens with up to ~$22K per startup for social, environmental, or economic impact projects. Applications close June 15.
🇨🇱 Corfo Biobío opens Semilla Inicia with up to $15K in funding for early-stage startups. Deadline: mid-June 2025.
🇨🇱 Transelec Ventures opens a new call for startups to co-develop solutions in market intelligence and operational risk modeling. Deadline: June 23, 2025.
🇲🇽 Bitso launches Hackathon MXNB with up to ~$7K for DeFi/payment projects using MXNB. Backed by Arbitrum, QED, Portal. Deadline: July 14.
🇧🇷 South Summit announces its Climate & Bioeconomy edition in Belém, set for July 15–16, with a focus on innovation, sustainability, and COP30.
🇲🇽 Daikin launches AirTech Challenge 2025 for HVAC startups. Winners pitch in Monterrey and win a trip to Japan. Deadline: July 31, 2025.
🇲🇽 VTEX CONNECT LATAM 2025 returns to Mexico on September 25 to unite digital commerce leaders for networking and innovation.
🇨🇱 Transbank and ChileConverge launch a new SME support cycle with free workshops and digital tools running through November 2025.
🇨🇱 NTT DATA Chile opens eAwards 2025 for tech startups creating positive impact. Applications open until end of 2025.
🇦🇷 Ripio integrates LaChain with ZKsync to scale DeFi, stablecoin payments, and Web3 apps across LatAm with faster, interoperable blockchain infrastructure.
🇦🇷 LB Finanzas launches $1.1 U.S. bank account to help Argentines receive remote work payments with low fees and top exchange rates.
🇦🇷 Infira opens its own gene editing lab to scale R&D in rice, soy, and maize, following a recent $2M seed round.
🇲🇽 PriceAgencies, the B2B unit of PriceTravel Holding, launches in Argentina to add local agencies to its 15,000+ network.
🇧🇷 Plaza invests $390K to expand Maya, its AI agent, now automating rental admin tasks like contracts and maintenance via WhatsApp.
🇧🇷 iFood Pago launches a credit card for restaurants, using sales data to offer tailored financial solutions through its digital account.
🇧🇷 99Pay enters food delivery while expanding microcredit services, issuing over $620M in loans to 22M users.
🇧🇷 SuaQuadra partners with BS2 Seguros to launch "Seguro SuaQuadra". The new product eliminates the need for guarantors in commercial leases.
🇧🇷 Tetra Educação opens Campinas hub to expand into Mexico and Colombia, aiming for $1.77M annual revenue from Spanish-speaking markets.
🇧🇷 AlugaMais is named among Google Cloud’s top 90 AI cases in LatAm for automating rental processes and boosting client revenue by up to 85%.
🇨🇱 AltumLab expands to the European aquaculture market, debuting at Aquaculture UK to showcase its sustainability-focused tech solutions.
🇨🇱 Pignus to present its AI and VR-based industrial safety technology at Expo Osaka 2025, showcasing Chilean innovation on a global stage.
🇨🇱 eGenya wins $10K and a pilot with CCU at Innpacta for its software optimizing recurring service operations.
🇨🇱 Nova Mineralis secures patents in Europe for its copper extraction tech, aiming to expand its green mining innovation across the continent.
🇨🇱 ProntoPaga invests $10M to launch YOL1, a cross-border payment app for LatAm using local methods like PIX and YAPE.
🇨🇴 Rappi may go public by late 2026, according to CEO Simón Borrero. The company, now EBITDA-positive for four consecutive quarters, focuses on LatAm growth and fintech partnerships like its 15-year deal with Banorte in Mexico.
🇨🇴 Liquitech forms strategic alliance with Kredit Plus to scale electronic factoring in Colombia, combining tech and financial backing.
🇨🇴 Juan Pablo Ebrath, founder of Phase Labs, becomes the first Colombian to win the Thiel Fellowship, receiving $200K to advance his biotech startup.
🇨🇴 Koin invests $5M to strengthen its anti-fraud operations in Colombia and expand its presence in the growing local e-commerce market.
🇨🇴 KLYM disbursed $145M by Q1 2025 and aims to finance 2,000+ SMEs in Colombia, backed by Coval and top local banks.
🇨🇴 Plurall partners with Siigo to offer fully digital loans to Colombian entrepreneurs, aiming to replace informal credit with formal, easy access.
🇺🇸🤝🇨🇴 Adsmovil partners with Kinesso to launch Linki, a Retail Media platform centralizing multichannel operations across 27 LatAm retailers.
🇲🇽 Yalo launches Oris, an AI sales agent that boosts client sales by 49% through natural language interactions on WhatsApp.
🇲🇽 Stori, cofounded by Marlene Garayzar, becomes the first credit card to carry the "Hecho en México" label, marking a milestone in national fintech recognition.
🇲🇽 OHANA showcased inclusive fintech for migrants at Dubai FinTech Summit 2025, highlighting financial access and education.
🇲🇽 Bioram joins HEINEKEN México’s first venture client program to pilot its environmental tech solution within the company’s value chain.
🇲🇽🤝🇨🇳 Zyphoria partners with Alibaba Cloud to offer scalable cloud, AI, and streaming solutions for LatAm SMEs and ISPs.
🇦🇷 Redoo expands to Mexico to automate car dealership operations with AI, aiming to capture 20% of the local market.
🇵🇪 Zamenis to showcase breast cancer detection device Mabis in Japan after winning the BAILA program, supported by ProInnóvate.
🇨🇱 Viper expands to Peru to digitize and optimize healthcare services with its SaaS platform.
🇦🇷 Marcos Galperin will step down as CEO of Mercado Libre in Jan 2026 after 26 years; Ariel Szarfsztejn will take over in a planned leadership transition.
🇦🇷 Mercado Libre shares hit a record high after CEO Marcos Galperin announced he’ll step down; the company now boasts a $133B market cap.
🇧🇷 Patria launches Omnia, a $1B hyperscale data center platform to serve global tech firms, aiming to meet LatAm's growing demand for AI and cloud services with renewable energy infrastructure.
🇨🇱 Chilean lawmakers introduced a roadmap to improve the startup ecosystem, proposing regulatory reforms and a dedicated “startup czar” to drive innovation and attract VC investment.
🇨🇴 Medellín climbs 17 spots to rank 145th in the 2025 StartupBlink Index, driven by a 41% growth and initiatives led by Ruta N, solidifying its position as LatAm's fifth-strongest startup hub.
🇨🇴🇦🇷 Mercado Libre fined $51K for unlawfully requiring biometric data. Colombia’s SIC orders alternative authentication options.
🇲🇽 México reclaimed 2nd place in VC investment in LatAm with $635M raised in 2024, a 37% YoY growth driven by late-stage rounds from startups like Clip and Jüsto, per Endeavor and Glisco Partners.
🇪🇸🇨🇱 Juan Requena reflects on the rise of deep-tech startups in foodtech after reading about Ainwater, a Chilean startup using AI to modernize water treatment. The company, born from the founder’s childhood struggles with drought, is expanding from LatAm to Europe with scalable solutions that cut energy and chemical use in treatment plants.
🇨🇴🇲🇽 In an interview with Bloomberg Línea, Simón Borrero, CEO of Rappi, reflects on the $50M sale of Rappicard to Banorte, calling it a “win-win” that keeps Rappi involved as a long-term commercial partner. A strategic shift, not an exit.
