Gaming, education, construction and mechanics startups received f…

Bloomberg Line — Welcome to the rounds of the week. February 2023 was the worst month for Latin American startups in the last three years, according to data from the Sling Hub innovation platform. The volume raised was the lowest since July 2020: 289 million dollars in 53 rounds, 60% less than in January.

However, early-stage startups continue to raise capital and these are the Latin American startups that have received funding in recent days:


The Brazilian startup Mecanizou, which connects repair shops with dealerships and auto parts suppliers through technology and the use of data, has raised a Series A investment round worth US$14.5 million (76 million reais).

The investment is led by Monashees and also includes the participation of Alexia Ventures, FJ Labs and Dalus Capital.

This is the second round of investment received by Mecanizou in just over a year. As of January 2022, the company had already raised $4 million in a seed round.


The Mexican startup Cometa closed an investment round of more than US$5 million with the support of Kaszek, Reach Capital, Homebrew, Latitud, Investo VC, 500 Startups and Salkantay Ventures.

Cometa offers a solution for the administrative management of public schools, promising to reduce tuition defaults.


Gaming startup Jungle received a seed round of just over $6 million from Bitkraft and Framework Ventures. Funds Delphi Digital, Karatage, Fourth Revolution Capital, Monoceros and 32bit Ventures also participated in the round, in addition to North Ventures.

The company intends to develop, acquire pre-developed games, and publish games that engage the next generation of web3 gamers. Jungle acquires underutilized IPs from established gaming companies, develops product vision and go-to-market strategy, then launches the title with a focus on web3 distribution, growth and monetization.


Brazilian startup Makasi has raised 5 million reais (about US$953,071) in a seed investment led by Terracotta Ventures and Honey Island for 4UM. Launched in December 2022 by Caio Bonatto, Fabiane Pellegrino and Lucas Maceno, the startup wants to become the facilitator of construction financing.

The company says its portfolio totals about 50 million reais (US$9.5 million) in homes and land, generating approximately 40 million reais (US$7.6 million) in construction financing from partner financial institutions.

Read more:

Corporate venture capital will be a strong option for startups in the face of a banking crisis

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button