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Tendenube Becomes the New Unicorn in Mexico After Receiving an Investment of US $500 Million
The ecommerce platform Trendenube received a new round of investment for 500 million dollars, making it the new unicorn in Mexico
- Categories
- Investing
- Region
- Latin America
- Tags
- e-commerce, startups
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Brazil’s Nuvemshop Raises $500 Million at a $3.1 Billion Valuation Months After Last Raise
Nuvemshop aims to give entrepreneurs a way to build and grow online businesses.
- Categories
- Uncategorized
- Region
- Latin America
- Tags
- e-commerce, startups
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Press Release: World Bank Group Mobilizes Over $29 Billion To Support Latin America and the Caribbean Region’s Response to the Pandemic
The investment will fight the pandemic’s health, economic, and social impacts, as well as support the region respond to challenges such as hurricanes and migration.
- Categories
- Coronavirus, Health Care
- Region
- Latin America
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Press Release: Atlas Renewable Energy and Unipar Sign a Solar Energy Power Purchase Agreement in Brazil
Atlas Renewable Energy's Lar do Sol-Casablanca II project will provide solar energy to Unipar's factories in Brazil
- Categories
- Energy
- Region
- Latin America
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Press Release: IFC Invests In Carao Ventures’ New Fund to Support Startups in Latin America
IFC is supporting the development of the early-stage startup ecosystem in small and medium countries in Latin America with an investment in Carao Ventures, the first venture capital firm in Central America.
- Categories
- Technology
- Region
- Latin America
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Press Release: Heifer International and IBM Work with Coffee and Cocoa Farmers in Honduras to Increase Access to Data and Global Markets
Smallholder coffee and cocoa farmers and their cooperatives in Honduras are harnessing the power of technology to access new markets and make better business decisions.
- Categories
- Agriculture, Technology
- Region
- Latin America
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El Salvador Becomes First Country to Adopt Bitcoin as Legal Tender After Passing Law
Lawmakers in the Central American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law, receiving 62 out of 84 of the legislature’s vote.
- Categories
- Finance, Technology
- Region
- Latin America
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Uruguayan Unicorn’s $10 Billion Nasdaq Float Shows Rising Power of Latin American Tech
South America is slowly emerging as a hotbed for fintech innovation. The world’s arguably biggest challenger bank NuBank hails from Brazil and is rumoured to be gearing up for a public listing in the US.
- Categories
- Finance, Technology
- Region
- Latin America
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