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 236 days ago

ESports IRL, VCs Love Latin America, And Our Quarterly Reports Are Here

Quick Summary

So here’s my edit to earlier advice: schedule a coffee this week with someone you actually want to talk to. The kicker: they have to be outside the world of venture capital and tech. Continuing our regional coverage, Mary Ann unpacked Latin America’s tech scene, where startups are on track to raise an unprecedented amount of capital this year. ASYSTEMS, a male wellness startup, raised a $4 million seed round, and Five Below, a cheap goods store, took part in a $12 million Series A round to build out esports in real life. In super late-stage news, RigUp raised a $300 million a16z-led round for on-demand oil and gas jobs, and Next Insurance raised $250 million at a $1 billion valuation.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

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