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English version
The 10 Latin American Startups that Received the Most Capital in First Half of 2022
In the first six months of the year, before the macroeconomic crisis kicked in, there were rounds totaling more than $90 million in the region
Tech & Funding
Mexican Unicorn Kavak to Invest $180M, Cuts Costs in LatAm
Latin America’s most valuable startup is planing to invest $120 million in Colombia, Chile and Peru and at least $60 million in Turkey
English version
Tech’s Envy: $1 Billion Unicorns Are Eclipsed by Centaurs
Dreams of instant fortunes are giving way to the slog of actually operating profitably
Startups
Ebanx, Frubana Lay Off Staff as LatAm Startups Feel Market Backdrop
Brazil’s Ebanx cut 20% of its employees “to focus” on its core business of international payments; Frubana laid off less than 3% of its Brazilian staff
English version
Is the Latin American Startup Bubble About to Burst?
As startups fight to prove their ability to generate revenues and to justify their billion-dollar valuations, Bloomberg Línea talks to entrepreneurs and investors about the current panorama
English version
Mexico’s Jüsto Prioritizes Profitability Over Unicorn Status
The online supermarket has raised more than $250 million and is seen by some as becoming Mexico’s next unicorn, but its founder and CEO Ricardo Weder tells Bloomberg Línea that he is in no hurry
Startups
Lessons From a New Unicorn: Don’t Burn Cash and Avoid Gourmet Coffee
Christina Cacioppo, the 35-year-old founder of Vanta, adapted to the new economic environment
English version
From Europe to LatAm, Startups Lay Off Staff Amid Belt-Tightening
Unicorns Klarna and Olist announced layoffs this week amid tech market turmoil
Startups
Nowports Becomes Mexico’s Newest Unicorn With Softbank-Led Series C Round
The logistics company founded by Mexican Alfonso de los Ríos and Uruguayan Maximiliano Casal now has a valuation of $1.1 billion