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In Argentina, venture capital surges even as the broader economy stutters – TechCrunch

In Argentina, venture capital surges even as the broader economy stutters – TechCrunch Even as the Argentine government was announcing the biggest slide in the country’s economic output in nearly a decade, technology investors in the nation’s capital are all gearing up for record fundraising years. Three of the country’s …

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A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech – TechCrunch

A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech – TechCrunch Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is …

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Latin America’s Movile is quietly building a mobile empire – TechCrunch

Latin America’s Movile is quietly building a mobile empire – TechCrunch By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps. The company began its mission in 1998 selling gaming, news and SMS messaging services to mobile operators in Brazil. …

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Brazil’s tech startups begin to expand globally – TechCrunch

Brazil’s tech startups begin to expand globally – TechCrunch Manoel Lemos is a managing partner of Redpoint eventures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor Silicon Valley is a state of mind Startups in Brazil, Latin America’s largest entrepreneurial ecosystem, are no …

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Naspers, Innova Capital back Movile with $82 million

To hear Naspers and the Latin American marketplace developer Movile tell it, food is the thing to make a company king in international markets. Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s …

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