The recent mega rounds in Mexico, Flink ($12 million), Justo ($65 million) and Valoreo ($50 million), occurred within a few weeks. The size of these rounds marked new highs for Seed and Series A rounds in Mexico.
Let’s face it, this is way beyond the scope of what is happening in Peru. These rounds indicate the gap between Mexico’s startup ecosystem and the rest of Spanish-speaking Latin America may be widending, not shrinking.
Continue reading “Has Mexico decoupled?”