INFOGRAPHIC: LatAm's Top Weekly Startup Funding — Week 16

  • Chilean Fintech Toku secures $9.3M to push expansion in Mexico, Brazil, and Chile.
  • Kamina secures $3.2M to initiate AI-driven financial prevention assistance platform.
  • Proptech Habi raises $30M to grow its presence in Mexico and Colombia.
  • Crezes raises $750K to further its mission of democratizing access to location data.
  • Turbi raises $8.7M to transform technology solutions and improve rental products.

Chilean Fintech Toku Secures $9.3M to Push Expansion in Mexico, Brazil, and Chile

  • Toku, an all-in-one recurring payment platform has secured $9.3M in a Series A round led by Gradient Ventures. Other participating investors include F-Prime Capital, Clocktower, Y Combinator, Wolf, and Funders Club.
  • Founded in 2020 by Cristina Etcheberry, Francisca Noguera, and Enzo Tamburini, Toku is a collection technology platform that helps its clients increase their collection by more than 5% while offering a seamless digital experience to end users, at a 30% lower cost.
  • The funding will strengthen the company's leadership position in Chile, accelerate its growth in Mexico, and expand its operations in Brazil, hoping to reach more than 600 corporate clients in 2024.