Dealflow LatAm #39: Justos raises $16.7M. BigID acquires Illow. Argentina stays off MSCI indices.
- Yoel Rodriguez of Dealflow LatAm <dealflowlatam@substack.com>
- Hidden Recipient <hidden@emailshot.io>
Dealflow LatAm #39: Justos raises $16.7M. BigID acquires Illow. Argentina stays off MSCI indices.Welcome to the 39th 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 39th edition of Dealflow LatAm—your go-to source for all the deals, moves, and momentum in the region’s startup scene. LatAm kept up the pace this week, with fresh momentum in fintech, AI, and digital infrastructure. Activity spanned large funding rounds, strategic acquisitions, and policy shifts shaping the region’s tech future. While Brazil remained a central hub, innovation flowed across borders: from startups scaling up to new global expansions. Plenty to break down—so let’s get into it 🚀 Startup funding news 💸Rounds of $10M+:
Rounds $1M to $10M:
Other rounds of funding:
M&A transactions 🎊🇦🇷 Illow is acquired by BigID to scale its cookie consent tech globally. The Argentine startup was backed by Newtopia VC and operates in 70+ countries. 🇧🇷 CRMBonus acquires Oto CRM to expand its presence in physical retail. This is its first acquisition since its Series B, which valued the company at $400M, and includes a strategic partnership with WPP. 🇧🇷 TIVIT is acquired by Almaviva to boost global digital transformation. The deal merges complementary portfolios, creating a $2.2B+ tech group with expanded reach across LatAm and Europe. Investor & accelerator news 🚀🇲🇽 Tec de Monterrey opens Ecosistema TECgpt to all universities, promoting AI-powered education through an open-source platform for content creation, automation, and immersive learning. Opportunities & Deadlines 👀
Startup news 💡🇦🇷 Argentina
🇧🇷 Brazil
🇨🇱 Chile
🇨🇴 Colombia
🇲🇽 Mexico
🇵🇪 Peru
🇺🇾 Uruguay
🌎 Other LatAm News
Big company & policy news 💡🇦🇷 Argentina remains excluded from MSCI global indices, still classified as a "standalone market" due to low liquidity and investor access, limiting foreign capital inflow. Interesting reads 💡🇧🇷🇺🇾🇦🇷 Karina Merli published “Do Mercado Livre à aposta no Nubank”, a detailed piece on how Kaszek evolved into LatAm´s top VC fund. It traces the journey from founding Mercado Libre to early bets on Nubank, fintechs, and now AI. |
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