The Latin America startup ecosystem is having a great year, with mega-rounds being announced at breakneck speed and new unicorns minted almost monthly. This is mostly due to the clearly maturing startup scene in the region, with proven successes such as Nubank, Cornershop, Gympass and Loggi helping to bolster LatAm’s credibility. Interestingly, many of the […]
Tango dances in with $5.7M, making employee onboarding easier
Tango is designed to help employees get back as much as 20% of their workweek spent searching for that one piece of information or tracking down the right colleague to assist with a task.
Brazilian fintech Cora raises $116M Series B as Tiger Global, Tencent sign on as investors alongside Greenoaks
Cora, a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. This is a large Series B by any standards, but particularly so for a Latin American startup. It’s also notable that São Paulo-based Cora only raised its $26.7 million Series A round — led […]
ICON lands $207M Series B to construct more 3D-printed homes after seeing 400% YoY revenue growth
Creating single-family homes for the homeless using 3D printing robotics. Developing construction systems to create infrastructure and habitats on the moon, and eventually Mars, with NASA. Delivering what is believed to be the largest 3D-printed structure in North America — a barracks for Texas Military Department. These are just some of the things that Austin, […]
Infinite Canvas raises $2.8M for a metaverse creator group modeled after esports teams
With the promise of an interconnected virtual world coming into focus and user-crafted gaming content exploding, Infinite Canvas is looking to apply lessons learned in the esports boom to the metaverse. “Metaverse” is the hot buzzword right now, but it’s not an empty term. Ten different people would probably define the metaverse in ten different […]
Max Q: Launch industry low-down
Max Q is a weekly newsletter from TechCrunch all about space. Sign up here to receive it weekly on Mondays in your inbox. Another public launch company is coming soon, while a still-private launch had to push off their planned first flight date. Still another launcher got the go-ahead for its big debut. It’s a […]
Samsung to invest $205B in semiconductor, biopharma and telco units by 2023, creating 40,000 jobs
Samsung Group, South Korea’s tech giant, announced on Tuesday that it will invest $205 billion (240 trillion won) in their semiconductor, biopharmaceuticals and telecommunications units over the next three years to enhance its global presence and lead in new industries such as next-generation telecommunication and robotics. The investment will be led by Samsung affiliates including […]
India’s Khatabook raises $100 million for its bookkeeping platform for merchants
Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to launch financial services. The startup’s new financing round — a Series C — was led by Tribe Capital and Moore Strategic Ventures […]
SoBanHang gets $1.5M to help small Vietnamese stores sell online for the first time
A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Called SoBanHang (or “sales book”), it would help businesses that usually rely on paper ledgers digitize their operations, similar to Khatabook in India and BukuKas and BukuWarung in Indonesia. Then a new COVID-19 […]
GM says it will seek reimbursement from LG Chem for $1B Chevy Bolt recall losses
American automaker General Motors expanded its recall of Chevrolet Bolt electric vehicles on Friday due to fire risks from battery manufacturing defects. The automaker said it would seek reimbursement from LG Chem, its battery cell manufacturing partner, for what it expects to be $1 billion worth of losses. Following the news of the recall, the […]