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Tag: investment

26 million euros investment in the highly competitive scooter market

The Swedish scooter provider Voi attracts a new investment on land. The money will be used to further conquer the European market. But the competition does not sleep. In the race for market leadership in electric scooters, the Swedish smart mobility startup Voi is one step further: In a new…

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Very millionaire investment rises to launch its expansion plans

The Colombian foodtech venture, Muy Tech, continues to grow in Latin America and has already taken an important step towards achieving this goal. Recently this company managed to get the attention of a large investor worldwide who injected significant capital that will help this startup to fulfill its expansion plans.…

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7 startups that have captured the attention of investors

Buguroo, TAPP Water, StudentFinance, Helloteca, Berdac, The Beemine Lab and Neki are startups that have captured the attention of several private investors to develop new business lines and expand markets. Buguroo The Spanish cybersecurity company, specialized in cutting-edge technology for the detection and prevention of online fraud, based on Deep…

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Sequoia Infuses $5 Mn Into Automobile Repair Startup GoMechanic

Gurugram-based automobile repair and service solution startup GoMechanic has received $5 Mn (INR 35.69 Cr) in Series B from its existing investor Sequoia Capital. The company had raised this $5 Mn funding from Sequoia in January 2019. According to the ministry of corporate affairs filings, GoMechanic has alloted 3246 shares…

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Advice for entrepreneurs: “Having unicorns is not at all the metric of success”

The word “risk” sometimes generates many sensitivities. “That’s why we prefer to say Entrepreneurial Capital or simply Venture Capital. Without translation”. Cate Ambrose, president and executive director of the Association for Private Capital Investment in Latin America (LAVCA), makes this clarification before the interview. Although LAVCA focuses on Latin American…

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Investment accelerates, but scarce seed funds still defies fintechs

Fintech startups in Latin America have reached the global front this year, attracting large funds from investors such as Softbank, and rounds of millions of dollars of capital. But the shortage of investment funds for early stages is a stumbling block for many Latin American fintech startups. Investments and fintechs…

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