Even as the Argentine government was announcing the biggest slide in the country’s economic output in nearly a decade, technology investors in the nation’s capital are all gearing up for record fundraising years. Three of the country’s biggest firms (which are still small by international standards) are raising new, exponentially larger, funds in a sign […]
View More In Argentina, venture capital surges even as the broader economy stuttersCategory: movile
A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech
Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is the latest proof that that the pace of investment isn’t slowing down. Brazil was already the hottest spot for technology investment throughout Latin America […]
View More A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American techLatin America’s Movile is quietly building a mobile empire
By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps.
View More Latin America’s Movile is quietly building a mobile empireBrazil’s tech startups begin to expand globally
Startups in Brazil, Latin America’s largest entrepreneurial ecosystem, are no longer solely focused on Brazil as their only frontier to conquer.
View More Brazil’s tech startups begin to expand globallyNaspers, Innova Capital invest $82 million more for Movile’s iFood delivery business
Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s stake in iFood, a Latin American food delivery vendor. Read More