Nilo Ventures Invests in YCombinator Backed Mexican Startup, Covela.
Nilo makes the most of LatAm’s growing tech ecosystem and YCombinator’s confidence in the region with an investment in Covela (YCS19)
Nilo Ventures invests first check in YCombinator backed Peruvian startup, Keynua.
Nilo Ventures' first investment was the first check for Keynua; e-signature platform led by the same rockstar team who built and scaled Cinepapaya, which was, in the short span of 4 years, acquired by Fandango.
Colombia — Prime for Tech Innovation
Colombia, the world’s gateway to South America, is in the race to become LatAm’s Technology Hub. From HubSpot anchoring its Latin American headquarters in Bogotá to Google and Facebook opening up permanent offices, major tech companies have selected Colombia to play a key role in their expansion to LatAm.
Y Combinator Doubles Down on Latin America’s Growing Tech Ecosystem.
Before 2018, YC had only invested in 11 Latin American tech companies including Colombia’s unicorn, Rappi. This year, YC invested in 24 LatAm startups, 15 of which came from the undisclosed S19 batch alone. YC’s growing interest is one of the many encouraging signs that LatAm’s tech ecosystem is maturing.