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Nuvocargo Raises $12M to Modernize US/Mexico Trade, Announces Plan to Add Financial Products ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Nuvocargo Raises $12M to Modernize US/Mexico Trade, Announces Plan to Add Financial Products .
NuvocargoApril 7, 2021 GMT
NEW YORK, April 07, 2021 (GLOBE NEWSWIRE) Nuvocargo, the only all-in-one digital platform for US/Mexico trade, announced today it has closed a $12M round of Series A funding led by QED Investors alongside new investors including David Velez (Founder/CEO, Nubank), Michael Ronen (Branded/SoftBank, who led Flexport’s $1B Series D), FJ Labs, Clocktower, Karim Atiyeh (Founder/CTO of Ramp), Raymond Tonsing (Caffeinated Capital), Satya Patel (Homebrew), Sebastian Castro (Founder, Kushki), and more. Existing investors NFX, ALLVP, MAYA Capital, Magma Partners, One Way Ventures, Ride Ventures, and others also participated. This round brings Nuvocargo’s total funding to $17.3M. ....

Mexico City , Distrito Federal , United States , Al Iskandariyah , James Currier , Antonia Rojas , Gina Rezendes , Deepak Chhugani , Lauren Morton , David Velez , Satya Patel Homebrew , Ashley Marshall , Calidra Group , Goldman Sachs , Michael Ronen , Karim Atiyeh , Raymond Tonsing , Caffeinated Capital , Satya Patel , Sebastian Castro , Magma Partners , One Way Ventures , Stride Ventures , Latin America , General Partner , Silicon Valley ,

TechCabal Daily – Mobile money moves

TechCabal Daily – Mobile money moves
techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.

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Nuvocargo Raises $12M to Modernize US/Mexico Trade, Announces Plan to Add Financial Products for Shippers

Nuvocargo Raises $12M to Modernize US/Mexico Trade, Announces Plan to Add Financial Products for Shippers
globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.

Mexico City , Distrito Federal , United States , Al Iskandariyah , James Currier , Antonia Rojas , Gina Rezendes , Deepak Chhugani , Lauren Morton , David Velez , Satya Patel Homebrew , Ashley Marshall , Calidra Group , Goldman Sachs , Michael Ronen , Karim Atiyeh , Raymond Tonsing , Caffeinated Capital , Satya Patel , Sebastian Castro , Magma Partners , One Way Ventures , Stride Ventures , Latin America , General Partner , Silicon Valley ,

Sawari Ventures Closes New $69 Million for Investment in Egypt

Sawari Ventures Closes New $69 Million for Investment in Egypt
cairoscene.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cairoscene.com Daily Mail and Mail on Sunday newspapers.

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After its first $54M fund, Algebra Ventures launches $90M fund for startups in Egypt – TechCrunch

After its first $54M fund, Algebra Ventures launches $90M fund for startups in Egypt
The venture capital scene in the North African tech ecosystem will be absolutely buzzing right now with the announcement of two large VC funds in the space of two days. Today, Algebra Ventures, an Egyptian VC firm, announced that it has launched its $90 million second fund.
Four years ago, Algebra Ventures closed its first fund of $54 million, and with this announcement, the firm hopes to have raised a total of $144 million when the second fund closes (with first close by Q3 2021). If achieved, Algebra will most likely have the largest indigenous fund from North Africa and arguably in Africa. ....

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