INFOGRAPHIC: LatAm's Top Weekly Startup Funding

Brazilian Tech-Driven Back Office Kanastra Raises $21M to Improve its Technology
Brazilian Edtech Somos Young Secures $12.3M to Fund its Business Plan
Chilean Pharmtech FarmaLoop Raises $900K to Double its Growth in Chile
Brazilian Startup Semexe Secures $754.5K to Expand its Re-commerce Platform
Brazilian Govtech Incentiv Secures $9.4K to Help Boost Brazilian Tourism Through Technology

Brazilian tech-driven back office for private credit funds and securitizations in Brazil, Kanastra has raised $21 million in a Series A round led by Kaszek. Other participating investors include Atlantico, Valor Capital, Quona Capital, QED Investors, and Actyus. In addition, an undisclosed global financial institution is also joining the round.
Founded in 2022, the asset management platform provides credit originators and institutional investors with end-to-end automation of operations, as well as data and analytic tools for monitoring their private credit funds and securitizations.
With the new funds, Kanastra will invest in its continued technology improvement.

Brazilian edtech Somos Young has secured $12.3 million in an investment round led by BS2 and BPS Capital.
Founded in 2021, the solution ecosystem provides market intelligence, marketing, relationship, capture, permanence, billing, and credit solutions for educational institutions. It also specializes in driving sustainable revenue growth of companies, focusing on customer attraction, conversion, relationship, and retention.
With the new funding, Somos Young will fund its business plan and contribute to its acquisition agenda and strategic partnerships.