INFOGRAPHIC: LatAm's Top Weekly Startup Funding — Week 29

  • OCN Raises $86 Million to Expand Car Rental Models for Gig Workers
  • Eden Raises $10M to Enhance AI Medical Imaging Solutions
  • Caliza Secures $8.5M to Transform Cross-Border Payments in Latin America
  • Vammo Raises $5.4M to Expand Electric Motorcycle Fleet in Brazil
  • Perhaps Secures $1.7M in Pre-Seed Funding to Expand AI-Powered Workspace

OCN Raises $86 Million to Expand Car Rental Models for Gig Workers

  • Mexican fintech startup OCN, formerly known as OneCarNow, has secured $86 million in a Series A equity and debt financing round led by Caravela Capital, Collide Capital, Great North Ventures, and i80 Group.
  • Founded in 2022, OCN offers gig workers access to new car rentals through a weekly fee model that covers maintenance, insurance, and other services. This accessibility helps gig workers overcome traditional financial barriers. The company operates in 22 Mexican states and recently expanded into South Florida, serving over 25,000 customers.
  • The funds raised will be utilized to enhance OCN's technological infrastructure, expand its management team, and explore new financial products beyond car rentals. It will also fuel OCN's growth locally in Mexico and internationally, particularly in the US.

Eden Raises $10M to Enhance AI Medical Imaging Solutions

  • Mexican healthtech firm Eden has secured $10 million in a funding round led by Sierra Ventures, with participation from Dalus Capital, Ali Capital, Liquid, and Endeavor.
  • Eden specializes in generative AI for medical imaging and clinical diagnostics, enabling medical institutions to efficiently produce, store, and manage diagnostic images. With daily processing of 3.5 million images, it has a presence across 17 Latin American countries serving 6 million patients.
  • The investment will fuel Eden’s research and development efforts in artificial intelligence, aimed at advancing diagnostic tools and supporting global expansion.