INFOGRAPHIC: Top LatAm Startup Funding — Week 44
In this week's funding deals, we tracked AgriCapital, CredAluga, OxPay, Stay and Katalista in the LatAm region.
- Colombian agri-tech, AgriCapital, raises $7.4 million to improve its technology.
- CredAluga, a Brazilian prop-tech, raises $3.9 million to enhance its technology systems.
- Brazilian fintech, OxPay, receives $3.4 million to increase its customer base.
- Stay, a Brazilian fintech, received $2.6 million to expand its team.
- Brazilian SaaS startup, Katalista has secured $95,000.
Brazilian agri-tech, AgriCapital, raises $7.4 million in a mix of debt and equity
AgriCapital, a Colombian agri-tech, raised $7.4 million in an investment round, including equity and debt financing. This funding round was led by Alive Ventures, with participation from existing investors such as Bancolombia and Comfama, as well as international lenders like IDB Lab, Alphamundi, and the Bancolombia group.
Founded in 2018, the company provides customized financing solutions to small and medium-sized farmers. By leveraging technology and data, it offers tailored credit products to meet the specific needs of rural producers, addressing the significant challenges they face in accessing traditional financial services.
With its latest financing, it plans to invest in its technology and processes, allowing it to offer more tailored credit products to rural producers in a more efficient and accessible manner. This investment will also help AgriCapital expand its reach and impact within the Colombian agricultural sector.
