The new fund will enable Wollef to finally write the larger checks they weren’t able to with their previous funds.
Latin America finds a champion in SoftBank Group International CEO Marcelo Claure
Since first announcing it was planting a stake in the ground in the region in early 2019, SoftBank — from its own balance sheet, it says — has plugged more than $5 billion into the region, and it expects that number to top $8 billion by year’s end.
Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B
Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 billion. This news is notable for a few reasons. For one, it’s a staggering sum for any […]